Why Live in Forest Hill
Forest Hill, a popular neighborhood in Richmond, is known for its picturesque homes and lush greenery along the southern banks of the James River. The community's standout feature is Forest Hill Park, a beloved green space with trails, waterways, a lake, tennis courts, picnic areas, a children's playground, and the historic Stone House. Residents enjoy easy access to the scenic James River and Belle Isle, with the South of the James Farmers Market adding to the local charm. The neighborhood primarily features late 19th and early 20th-century homes, including wood-framed cottages, Craftsman bungalows, Cape Cods, Tudor Revivals, and Colonial Revivals, many with well-manicured yards. Forest Hill is bike-friendly with lanes along Forest Hill Avenue and walkable, with dining options like Crossroads, Thirsty's Bar, The Veil, O'Toole's Restaurant & Pub, and Little Nickel nearby. Shopping centers with grocery stores and big box stores are just 4 miles west. Families have access to Westover Hills Elementary, Lucille M. Brown Middle, and Huguenot High School, with the option to apply to the highly-rated Open High School. The neighborhood is less than 5 miles from downtown Richmond and close to major roads like the Powhite Parkway, Interstate 95, and the Downtown Expressway. Public transportation is available via the Greater Richmond Transit Company, and the Richmond International Airport is about 20 miles away.
Home Trends in Forest Hill, VA
On average, homes in Forest Hill, Richmond sell after 44 days on the market compared to the national average of 70 days. The median sale price for homes in Forest Hill, Richmond over the last 12 months is $649,000, up 124% from the median home sale price over the previous 12 months.
Median Sale Price
$649,000
Median Single Family Sale Price
$349,900
Median Townhouse Sale Price
$318,990
Average Price Per Sq Ft
$352
Number of Homes for Sale
7
Last 12 months Home Sales
27
Median List Price
$359,900
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
124%