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Advertise here →Forest, VA · Market Data
Forest, Virginia real estate market data.
Real estate market data for Forest, VA (Bedford County) — Census median home value $319,100, county listing prices up about 2.9% over the past year.
Forest, VA is in Bedford County, Virginia — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 12,476, with a median household income of $78,825. Census data puts Forest's median home value at $319,100 (all owner-occupied homes); Bedford County's current median listing price runs $442,450, up about 2.9% over the past year.
At a glance
Forest market snapshot
Population
12,476
Median Household Income
$78,825
Median Home Value (city)
$319,100
Median Listing Price (Bedford County)
$442,450
Median Gross Rent
$1,112/mo
Price Trend (YoY)
+2.9%
Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗
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What makes Forest different
Home Value, By Source
The Census Bureau's American Community Survey (2023 5-year estimate) puts Forest's median home value — across all owner-occupied homes, not just recent sales — at $319,100. Separately, Bedford County's current median listing price (via Realtor.com data, 2026-06-01) runs $442,450. These cover different geography (city vs. county) and different measures (assessed value vs. active listings), which is why we show both rather than picking one — full source list on our data sources page.
County Price Trend
Bedford County's FHFA house price index shows a 3.57% annual change in 2025.
Population & Income
Forest has an estimated population of 12,476 and a median household income of $78,825, per the Census Bureau's American Community Survey (2023 5-year estimate).
Affordability Snapshot
Forest's Census-reported median home value works out to about 4.0x the area's median household income, and median gross rent runs roughly 17% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.
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Common questions
Forest FAQ
What are home values like in Forest, VA?
The Census Bureau's American Community Survey puts Forest's median home value at $319,100. Bedford County's current median listing price runs $442,450, up about 2.9% over the past year.
What is the population of Forest, VA?
The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Forest's population at approximately 12,476.
What's the median rent in Forest, VA?
The Census ACS estimates median gross rent in Forest at approximately $1,112 per month.
What is the median household income in Forest, VA?
Census ACS data puts the median household income in Forest at approximately $78,825.
Is the Forest housing market growing?
Bedford County's FHFA house price index shows a 3.57% annual change in 2025.
Is Forest, VA affordable relative to income?
Census ACS data puts Forest's median home value at about 4.0 times the median household income, with median gross rent equal to roughly 17% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.
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