Forest Hill Terrace Housing Information
| Index | Forest Hill Terrace | Richmond | Virginia |
| Median home price | $236,950 | $199,300 | $248,400 |
| Median rent asked | $960 | $916 | $1,135 |
| Avg. people per household | 2.3 | 2.3 | 2.6 |
| Owner occupied households | 37.9% | 41.4% | 65.8% |
| Renter occupied households | 62.1% | 58.6% | 34.2% |
Forest Hill Terrace Home Affordability
Nearby cities with low home prices
| City, State | Population | Home Price | National Avg. |
| Montrose, VA | 7,909 | $116,900 | 37% |
| Bensley, VA | 6,031 | $131,900 | 29% |
| Sandston, VA | 6,883 | $132,800 | 28% |
| Bellwood, VA | 6,082 | $133,300 | 28% |
| Highland Springs, VA | 16,276 | $136,700 | 26% |
| Richmond, VA | 216,773 | $199,300 | 8% |
Cities with similar population
| City, State | Population | Home Price | National Avg. |
| Boise, ID | 218,677 | $191,000 | 3% |
| San Bernardino, CA | 214,581 | $176,800 | 4% |
| Des Moines, IA | 212,859 | $119,800 | 35% |
| Birmingham, AL | 212,424 | $87,100 | 53% |
| Spokane, WA | 212,078 | $160,800 | 13% |
| Richmond, VA | 216,773 | $199,300 | 8% |