Lake Forest median real estate price is $104,108, which is less expensive than 89.3% of Florida neighborhoods and 80.3% of all U.S. neighborhoods.
The average rental price in Lake Forest is currently $1,040, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 79.2% of Florida neighborhoods.
Lake Forest is a suburban neighborhood (based on population density) located in Jacksonville, Florida.
Lake Forest real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and small apartment buildings. Most of the residential real estate is owner occupied. Many of the residences in the Lake Forest neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
Vacant apartments or homes are a major fact of life in Lake Forest. The current real estate vacancy rate here is 21.4%. This is higher than the rate of vacancies in 87.1% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.