Forestwood is a nice South Durham neighborhood located near the heart of everything with easy access to 15-501 and Hwy 147. Great access to Southpoint Mall, RTP and local universities.
Lots in Forestwood typically range from 0.15 to 0.3 acres. Most houses were built in the 1990's. Homes in Forestwood primarily consist of traditional, cape cod and ranch style homes with 3 bedrooms and 2 bathrooms.
The Forestwood neighborhood has no HOA dues! Homes typically range between 1200 and 1400 square feet, and are extremely popular with young Durham families and new homeowners. Forestwood strikes a good balance between location and price, and offers a great value for South Durham living.
Forestwood Statistics from the Triangle Multiple List Service
Between January, 2006 and December, 2006, 19 houses were sold in Forestwood. Of these, the average house was an 1295 square foot, 2 bedroom 1 bath home selling for $95,705. Average time on market was 89 days, slightly above the Durham market average of 81 days.
Durham County Statistics
In 2006, 3589 houses were sold in Durham County. Of these, the average house was an 1918 square foot, 3 bedroom 2 bath home selling for $199,380. Average time on market was 81 days.