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Forest, VA 24551 Housing Market

Data snapshot: October 26, 2026. Closed-sale window: last 6 months.
Forest, VA inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.18
ActiveActive listings: 3434PendingPending sales: 66
Forest, VA: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $480k$480kSoldMedian sold price (last 6 months): $420k$420k
What homes actually sell for in Forest, VA
Distribution of 274 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $315k to $580k
$205k to $289k: 33 sales$205k$289k to $374k: 62 sales62sales$374k to $458k: 55 sales$374k$458k to $542k: 34 sales$542k to $626k: 21 sales$542k$626k to $710k: 22 sales$710k to $795k: 16 sales$710k$795k to $879k: 4 salesMedian $420k

What the numbers say

As of October 26, 2026, Resideline is tracking 34 active listings and 6 pending sales in ZIP code 24551. That pending-to-active ratio of 0.18 makes it a faster-moving market: listings are going under contract faster than in most of the ZIP codes Resideline tracks.

The median asking price of current listings is $479,900, while the median of the 274 closed sales Resideline tracked over the last six months was $419,900. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 24551 for 88 days.

Frequently asked questions

What is the median home price in 24551?

The median closed sale price in Forest, VA 24551 was $419,900 over the last six months, based on 274 closed sales tracked by Resideline. The middle half of those sales ranged from $315,000 to $580,000.

Is 24551 a buyer's or seller's market?

Resideline is currently tracking 6 pending sales against 34 active listings in 24551, a pending-to-active ratio of 0.18. Resideline tracks a sample of pending sales, so the ratio is most useful as a comparison: across the 3,777 ZIP codes Resideline tracks, the middle half run from 0.05 to 0.11. A higher ratio means listings go under contract faster, which usually favors sellers; a lower one gives buyers more room. By that comparison, 24551 is currently a faster-moving market.

Nearby ZIP code market data

Full Forest, VA housing market report →

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