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Single Family ResidenceResidential
$340,844$193 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 90How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026
Last sold for $324,500 on Oct 18, 2024

1040 COMMONWEALTH CIR

FOREST, VA 24551
3
Beds
2.5
Baths
1,762 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
3,049 ft²
Lot SizeThe size of the land the home sits on, from county records.
2009
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
5
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.
1
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$341K
$305K low$376K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$324,500 · Oct 18, 2024

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$1,120 (2026)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$273,200 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$35,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$238,200
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$273,200
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$273,200

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
StyleThe architectural style of the home, such as ranch or colonial.Townhouse
CountyBEDFORD
Lot (acres)The size of the land the home sits on, from county records.0.07
ConstructionThe main material the home's frame and walls are built from.Wood (Unspecified)
RoofThe main material covering the roof, such as asphalt shingle or tile.Asphalt
HeatingThe type of heating system in the home.Heat Pump
CoolingThe type of cooling or air conditioning in the home.Yes
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Porch · 99 ft²

Transaction History(2)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Forest Elementary SchoolA
Elementary · Grades KG–5 · 0.3 mi
H
Jefferson Forest High SchoolB+
High · Grades 9–12 · 0.5 mi
M
Forest Middle SchoolA
Middle · Grades 6–8 · 0.8 mi

District: Bedford County Public Schools

Neighborhood · ZIP 24551These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.47
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.105
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.53

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.96%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.32%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.5.4%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.0%
PopulationHow many people live in this area.26,095
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.377 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$91,843
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$113,852
Average tempThe average temperature here across a full year.56°F
Annual precipHow much rain and melted snow falls here in a typical year.45 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.59%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

1040 Commonwealth Cir measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 69% of homes in Forest 24551
  • Costs less per square foot than 69% of homes in Forest 24551
  • Has a smaller lot than 97% of homes in Bedford County
  • Newer than 96% of homes in Bedford County

What homes are worth in Forest 24551

Each bar is how many homes fall in that price range. The marker is this home.

This home
$171K$933K

This home is worth more than 31% of homes in Forest 24551.

How it measures up in Forest 24551

The dot is this home. The mark in the middle is the typical home in Forest 24551.

Estimated value$340,844
CheaperTypical $414,630Pricier

Pricier than 31% of homes nearby

Price per ft²$193
CheaperTypical $212Pricier

Pricier than 31% of homes nearby

Living area1,762 ft²
SmallerTypical 2,011 ft²Bigger

Bigger than 39% of homes nearby

Lot size3,049 ft²
SmallerTypical 0.65 acBigger

Bigger than 7% of homes nearby

Year built2009
OlderTypical 1993Newer

Newer than 93% of homes nearby

How 1040 Commonwealth Cir ranks against every home in each area.
MeasureThis homeForest 24551Bedford County
Estimated valuepricier than$340,84431% of homes53% of homes
Price per ft²pricier than$19331% of homes38% of homes
Living areabigger than1,762 ft²39% of homes62% of homes
Lot sizebigger than3,049 ft²7% of homes3% of homes
Year builtnewer than200993% of homes96% of homes

About 1040 Commonwealth Cir

How much is 1040 Commonwealth Cir, Forest, VA worth?

The TopHap Estimate for 1040 Commonwealth Cir, Forest, VA is $340,844 as of Sep 24, 2026. The likely range is $305,321 to $376,367. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 1040 Commonwealth Cir, Forest, VA last sell?

1040 Commonwealth Cir, Forest, VA last sold on Oct 18, 2024 for $324,500, according to the county's recorded deed.

How big is 1040 Commonwealth Cir, Forest, VA?

1040 Commonwealth Cir, Forest, VA has 3 bedrooms, 2.5 bathrooms, 1,762 square feet of living space and a 0.07-acre lot.

When was 1040 Commonwealth Cir, Forest, VA built?

1040 Commonwealth Cir, Forest, VA was built in 2009, making it 17 years old. It is a townhouse home. The building has 2 stories.

What schools serve 1040 Commonwealth Cir, Forest, VA?

1040 Commonwealth Cir, Forest, VA is assigned to Forest Elementary School (elementary), rated A; Jefferson Forest High School (high), rated B+; Forest Middle School (middle), rated A. All sit in Bedford County Public Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 1040 Commonwealth Cir, Forest, VA compare to other homes in Forest 24551?

Among the 9,345 homes in Forest 24551, it is worth more than 31% of them ($340,844 against a typical $414,630), its price per square foot is higher than 31% of them ($193 against a typical $212), it is bigger than 39% of them (1,762 ft² against a typical 2,011 ft²), its lot is bigger than 7% of them (3,049 ft² against a typical 0.65 ac) and it is newer than 93% of them (2009 against a typical 1993). Measured against all of Bedford County, it is worth more than 53% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 1040 Commonwealth Cir, Forest, VA?

The 2026 property tax bill for 1040 Commonwealth Cir, Forest, VA was $1,120. The county assessed it at $273,200.

More homes on Commonwealth Cir

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More homes in Forest 24551

Assigned schools

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