Home prices
The median home in Forest Acres is valued at $193,700. It is approximately $24,020 (14%) higher in comparison to the surrounding areas.It is about $23,800 (10%) lower in comparison to the rest of the nation, and compared to the city of Charlotte is about $26,600 (12%) lower.
Rents
The median rent in Forest Acres is $959 a month. It is about $95 (10%) higher in comparison to other places in this area.In comparison to the United States as a whole it is roughly $103 (9%) lower, and is approximately $176 (15%) lower in comparison to the city of Charlotte.
Nearby places
Arcadia Lakes
Arcadia Lakes is Forest Acres's neighbor to the north. Its housing prices are significantly more expensive. The median home in Arcadia Lakes is valued at $297,400, which is $103,700 (34%) higher than Forest Acres. Rent there is significantly less expensive. Arcadia Lakes's median monthly rent is $617, which works out to $342 (55%) lower than Forest Acres.
Woodfield
Woodfield is Forest Acres's neighbor to the northeast. Its housing prices are a lot less expensive. The median home in Woodfield costs $103,500, which comes out to $90,200 (87%) lower than Forest Acres. Rents there are similar. Woodfield's median rent is $965 per month, which is very similar to Forest Acres.
Dentsville
Dentsville is Forest Acres's neighbor to the north. The housing prices there are substantially less expensive. The median home in Dentsville is valued at $123,600, which comes out to $70,100 (56%) lower than Forest Acres. Rents there are fairly similar. In Dentsville the median monthly rent is $942, which is $17 (1%) lower than Forest Acres.
Columbia
Columbia is Forest Acres's neighbor to the east. Its housing prices are a bit less expensive. The median home in Columbia is valued at $181,100, which is $12,600 (6%) lower than Forest Acres. The rent there is pretty similar. The median rent in Columbia is $933 a month, which comes out to $26 (2%) lower than Forest Acres.
West Columbia
West Columbia is approximately 6 miles southwest of Forest Acres. The real estate prices there are substantially less expensive. West Columbia's median home cost is $142,800, which comes out to $50,900 (35%) lower than Forest Acres. Rent there is a little less expensive. West Columbia's median rent is $865 per month, which is $94 (10%) lower than Forest Acres.