Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With a population of 3,264, 1,471 total housing units (homes and apartments), and a median house value of $840,193, real estate costs in Forestville are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive California communities.
Single-family detached homes are the single most common housing type in Forestville, accounting for 92.98% of the town's housing units. Other types of housing that are prevalent in Forestville include mobile homes or trailers ( 2.68%), duplexes, homes converted to apartments or other small apartment buildings ( 2.17%), and a few row houses and other attached homes ( 1.47%).
Dwellings in Forestville tend to be quite small (one, two, or no bedrooms) and owner occupied. In fact, 54.21% of the homes in Forestville have two or fewer bedrooms.
At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Forestville's housing was primarily built during this period, from the '40s through the '60s. A full 45.27% of the town's housing hails from this era. Other housing ages represented in Forestville include homes built between 1970-1999 ( 27.91%) and housing constructed between 2000 and later ( 16.67%). There's also some housing in Forestville built before 1939 ( 10.15%).
Real estate appreciation rates in Forestville's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.23% during the period.
Over the last year, Forestville appreciation rates have trailed the rest of the nation. In the last twelve months, Forestville's appreciation rate has been 1.98%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Forestville were at 1.67%, which equates to an annual appreciation rate of 6.86%.
Relative to California, our data show that Forestville's latest annual appreciation rate is lower than 70% of the other cities and towns in California.
$840,193
for California
for nation
1,471
$2,459 / per month