Home prices
The median home cost in Forestdale is $122,800. This is approximately $43,660 (55%) higher compared to its nearby areas.Compared to the rest of the nation it is about $94,700 (43%) lower, and is roughly $31,700 (34%) higher compared to the city of Birmingham.
Rents
In Forestdale the median rent is $791 per month. It is roughly $20 (2%) lower in comparison to its surrounding areas.It is about $271 (25%) lower in comparison to the rest of the country, and it is about $46 (5%) lower in comparison to the city of Birmingham.
Nearby places
Adamsville
Adamsville is Forestdale's neighbor to the northwest. The housing prices there are somewhat less expensive. The value of the median home in Adamsville is $101,700, which works out to $21,100 (20%) lower than Forestdale. Its rents are a bit more expensive. In Adamsville the median monthly rent is $982, which comes out to $191 (19%) higher than Forestdale.
Mulga
Mulga is roughly 4 miles west from Forestdale. Real estate prices there are substantially less expensive. The median home cost in Mulga is $59,000, which comes out to $63,800 (108%) lower than Forestdale. Rent there is similar. Mulga's median monthly rent is $812, which works out to $21 (2%) higher than Forestdale.
Edgewater
Edgewater is about 4 miles southwest from Forestdale. Real estate prices there are substantially less expensive. Edgewater's median home cost is $83,700, which is $39,100 (46%) lower than Forestdale. Its rents are somewhat more expensive. In Edgewater the median monthly rent is $845, which is $54 (6%) higher than Forestdale.
McDonald Chapel
McDonald Chapel is about 4 miles southwest of Forestdale. The housing prices there are substantially less expensive. The median home in McDonald Chapel is valued at $61,300, which comes out to $61,500 (100%) lower than Forestdale. The rent there is fairly similar. The median rent in McDonald Chapel is $766 per month, which is $25 (3%) lower than Forestdale.
Brookside
Brookside is approximately 4 miles north from Forestdale. Its real estate prices are a lot less expensive. The median home in Brookside costs $90,000, which comes out to $32,800 (36%) lower than Forestdale. Rent there is a bit less expensive. The median monthly rent in Brookside is $651, which comes out to $140 (21%) lower than Forestdale.