Forest Meadows, Dallas Real Estate & Homes For Sale

Forest Meadows In Dallas TX | Local Real Estate Guide

Welcome to Forest Meadows, a captivating subdivision in the heart of Dallas' Lake Highlands neighborhood. Established in 1967, this community boasts a mix of traditional and ranch-style homes, each contributing to its timeless charm. With an average home age of 1975, Forest Meadows reflects a rich history of growth. As you stroll through tree-lined streets, the harmonious blend of original and updated homes reveals residents' commitment to aesthetic charm. Comprising around 636 homes and 1,465 residents, the neighborhood fosters a tight-knit community, with an impressive 92% of residents proudly owning their homes. Forest Meadows, divided by Abrams Road, offers diverse housing options, family-friendly amenities, and convenient access to transportation, making it a welcoming and vibrant community in northeast Dallas.

Forest Meadows At A Glance

Average Home Size: 2,807

Number of Homes: 636

Subdivision Establised: 1967

Number of Homes: 636

Approximate Pop. (2023): 1,465

School District: Richardson ISD

Average Residency Length: 8.5 yrs

Architectural Styles: Ranch | Traditional

Forest Meadows Homes For Sale

Learn about Forest Meadows real market trends and find homes for sale. Search for new homes, open houses, recently sold homes, home sellers and reduced price real estate in Forest Meadows.

Forest Meadows Real Estate Statistics & Trends

Unlock the latest Forest Meadows real estate market insights and trends: Median Sales Price, Pending Home Sales, Sold Homes and More.

The median sales price is the middle price of all the real estate sales prices in Forest Meadows. The median sales price is the price at which half of the properties sold for more and half sold for less. See how the median sales price in Forest 
Meadows is trending the last 3 years and how it trends with the average 30 year fixed mortgage interest rate by month.

The average sales price is also known as the mean sales price in Forest Meadows. The average sales price is calculated by adding up the sales prices or all properties sold in Forest Meadows and then dividing that sum by the total number of 
properties sold. The difference between the average sales price and the median sales price is the average sales price can 
be influenced by outliers where the median sales price is not. See how the average sales price in Forest Meadows has 
trended the last 3 years and how it trends with the average 30 year fixed mortgage interest rate.

Days on market is a measure of how long it takes for a house to sell after it has been put on the market for sale in Forest Meadows. It is calculated as the number of days between the listing date and the pending date. Days on market is a great 
indicator of whether you're in a buyer's market or a seller's market. Typically less than 90 days is a seller's market. 
More than 90 days is typically a buyer's market.

The absorption rate (months inventory as it also known as) is the main metric that determines a buyer's market or seller's market. The definition of the absorption rate is if no other homes come on the market (additional inventory) it is the rate at which it will take all of the current market inventory to sell. 

The rule of thumb: 

<4 months inventory is a seller's market. Between 4 months and 6 months is a balanced market. 6 months or longer indicates a buyer's market.

Sales price to list price ratio is the final sales price (what the buyer paid for the home) divided by the original list 
price expressed as a percentage. If it's above 100%, the home sold for more than the list price. If it's less than 100%, 
the home sold for less than the list price. This is another great gauge for buyer's and seller's to see the health of the 
Forest Meadows real estate market.

Is Forest Meadow in a buyer's market or in a seller's market?

1 2 3 4 5 6 7 8 9

Seller's
Market Balanced
Market Buyer's
Market

Living In Forest Meadows

Welcome to the charming Forest Meadows subdivision, located in the heart of the Lake Highlands neighborhood in northeast Dallas. Established in 1967, this community boasts a mix of traditional and ranch-style single-family homes, each with its unique character, contributing to the neighborhood's timeless appeal. The average age of homes in Forest Meadows is 1975, reflecting a rich history of growth and development.

Walking through the tree-lined streets, you'll notice a harmonious blend of original homes and those that have undergone thoughtful remodels and updates, demonstrating the residents' commitment to maintaining the community's aesthetic charm. With approximately 636 homes and a total population of roughly 1,465 residents, Forest Meadows exudes a sense of tight-knit community, with a remarkable 92% of residents being proud homeowners.

The neighborhood is geographically divided into two sections, unified by Abrams Road. To the west, Forest Lane, Greenville Avenue, Loma Vista Drive, and Abrams Road define the boundaries, while to the east, I-635, Abrams Road, Whitehurst Drive, and the natural beauty of Ferris Meadow Creek and Forest Meadow Park converge to complete the neighborhood's unique layout.

Residents of Forest Meadows enjoy a range of housing options, with most homes featuring four bedrooms and two or three bathrooms. About 25% of homes are three-bedroom, two-bathroom configurations, and 55 homes offer a generous five bedrooms and four bathrooms. The average square footage is a spacious 2,807 square feet, and most homes are single-story structures situated on expansive 0.25-acre lots.

Families in Forest Meadows benefit from the exemplary Richardson Independent School District, with two elementary schools, Skyview and Moss Haven, feeding into Forest Meadow Junior High School and ultimately Lake Highlands High School. The neighborhood provides ample recreational opportunities, including the Lake Highlands YMCA, the Forest Meadow Junior High track, and access to the scenic White Rock Creek Trail at Harry S Moss Park.

For convenient transportation, Forest Meadows residents have access to the DART Forest Lane Station, Interstate 635, and major thoroughfares such as Abrams Road, Forest Lane, Greenville Avenue, and Royal Lane. Nearby shopping destinations like Lake Highlands Town Center and Lake Ridge Shopping Center offer a variety of dining options, including Fish City Grill, Taco Diner, Cedar and Vine, Shady's Burgers, The Taco Joint, and Andy's Custard. Additionally, the community can unwind at the popular Top Golf entertainment venue.

Whether you're strolling through the walkable neighborhood, enjoying the recreational amenities, or indulging in the diverse dining options, Forest Meadows in Dallas, TX, offers a welcoming and vibrant community for residents to call home.

Public Schools in Forest Meadows

The school district for Forest Meadows is Richardson ISD.

Elementary School 1

Moss Haven Elementary School

Public: PK - 6th

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Elementary School 2

Skyview Elementary School

Public: PK - 6th

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Junior High School

Forest Meadow Junior High School

Public: 6th - 8th

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High School

Lake Highlands High School

Public: 9th - 12th

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School data is provided by Great Schools. School service boundaries are used for reference only. To verify enrollment availability for a home contact the school directly.

Search all Lake Highlands homes by school Here.