Forbes, MN Home Values & Market Trends
Real estate market trends reflect that there have been 8 transactions over the past year in Forbes. The median value for residential home transactions that occurred over the previous year is $273,841. The number of current listings in Forbes is 2, and the percentage of properties for sale in the city is 2.00%. Forbes, MN currently has 0 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 2 properties for sale.
Forbes, MN Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 55738 | $ 273,841 $ 150/sqft |
Housing Market Summary for Forbes, MN
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $0 | $0 | - |
| Median Sold Price | $248K | $139.5K | -43.76% |
| Homes For Sale | 1 | 1 | - |
| Homes Sold | 5 | 5 | - |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Forbes, MN
Browse Homes in Forbes, MN
Forbes home values range from $53,171 to $399,900. The median estimated value of a home in Forbes is $273,841. The median list price of a home is 0, and the total count of properties in the city is 10.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Forbes, MN with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Forbes, MN; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Forbes, MN ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Forbes, MN. There is 1 zips within Forbes, MN; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- AuctionsN/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Forbes, MN. Auction homes and other auction properties account for 0% of all properties in Forbes, MN. There is 1 zips within Forbes, MN; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Compare Nearby Cities
More Real Estate Resources for Forbes, MN
Guide for Forbes, MN
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.