The median sale price of a home in Forest Lakes South was $365K last month, down 39.1% since last year. The median sale price per square foot in Forest Lakes South is $245, down 4.3% since last year.
What is the housing market like in Forest Lakes South today?
In January 2025, Forest Lakes South home prices were down 39.1% compared to last year, selling for a median price of $365K.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$365,000
-39.1% YoY | Jan 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jan 2025
Growth
% YoY
Forest Lakes South, VA
$365,000
-39.1%
United States
To compare other locations to the Forest Lakes South and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Hollymead add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
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All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
98.8%
-1.7 pt YoY | Jan 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jan 2025
Growth
% YoY
Forest Lakes South, VA
98.8%
-1.7 pt
United States
View houses in Forest Lakes South that sold recently
Learn about schools in the Forest Lakes South area
Elementary
Middle
High
GreatSchools Rating
7/10
Hollymead Elementary School
Public • PreK-5
349
Students
7 reviews
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Forest Lakes South housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Forest Lakes South.
Flood Factor - Minor
5% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Forest Lakes South has a minor risk of flooding. 23 properties in Forest Lakes South are likely to be
severely affected
by flooding over the next 30 years. This represents 5% of all properties in Forest Lakes South. Flood risk is increasing slower than the national average.
100% of properties are at risk of wildfire over the next 30 years
Fire Factor
Forest Lakes South has a moderate risk of wildfire. There are 656 properties in Forest Lakes South that have some risk of being affected by wildfire over the next 30 years. This represents 100% of all properties in Forest Lakes South.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Forest Lakes South has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Forest Lakes South is most at risk from hurricanes. 656 properties in Forest Lakes South have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 50 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 59 mph.
98% of properties are at major
risk of heat over the next 30 years
Heat Factor
Forest Lakes South has a major risk from heat. This is due to
"feels like" temperatures
increasing, and because 98% of homes in Forest Lakes South have a Major Heat Factor®.
Forest Lakes South is expected to see a 128% increase in the number of days over 103ºF over the next 30 years. Forest Lakes South is expected to experience 6