Why Live in Forest Lake
Forest Lake in Tuscaloosa is a neighborhood characterized by a mix of historic and modern homes, with older cottages and national-style homes on the west side and newly built farmhouse and French Country styles on the east. The area has seen significant redevelopment following tornado damage, with new developments including short-term rentals and student-focused housing. Despite the influx of students, the neighborhood remains quiet and peaceful, with a balanced mix of students and permanent residents, including retirees. The centerpiece of the neighborhood is its privately owned lake, surrounded by 29 homes with piers for small watercraft. Residents enjoy morning walks around the lake and have access to Monnish Park, which features walking paths, a picnic pavilion, and a playground. Dining and retail options are abundant at Tuscaloosa Midtown Village and University Mall, both located along McFarland Boulevard. Popular spots include Panera, Starbucks, Fuku Ramen, and the Druid City Brewing Company Taproom. Community spirit is strong, with neighborhood festivities and holiday celebrations, including lighting a Christmas tree-shaped string of lights on the lake island. The neighborhood is centrally located, offering easy commutes to the University of Alabama and other local employers. Forest Lake children attend Tuscaloosa City Schools, but many families opt for the highly rated Holy Spirit Catholic School. The University of Alabama is nearby, providing educational opportunities and contributing to the vibrant local culture.
Home Trends in Forest Lake, AL
On average, homes in Forest Lake, Tuscaloosa sell after 181 days on the market compared to the national average of 70 days. The median sale price for homes in Forest Lake, Tuscaloosa over the last 12 months is $510,000, up 37% from the median home sale price over the previous 12 months.
Median Sale Price
$510,000
Median Single Family Sale Price
$510,000
Median Townhouse Sale Price
$329,880
Average Price Per Sq Ft
$230
Number of Homes for Sale
2
Last 12 months Home Sales
15
Median List Price
$484,000
Median Change From 1st List Price
6%
Median Home Sale Price YoY Change
37%