Forest Lake, MN Home Values & Market Trends
Real estate market trends reflect that there have been 446 transactions over the past year in Forest Lake. The median value for residential home transactions that occurred over the previous year is $422,301. The number of current listings in Forest Lake is 520, and the percentage of properties for sale in the city is 520.00%. Forest Lake, MN currently has 15 properties in foreclosure, 1 bank owned properties, 14 properties headed for auction, and 520 properties for sale.
Forest Lake, MN Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 55025 | $ 424,015 $ 291/sqft |
Housing Market Summary for Forest Lake, MN
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $430K | $439.9K | 2.30% |
| Median Sold Price | $409K | $369.1K | -9.77% |
| Homes For Sale | 304 | 513 | 68.75% |
| Homes Sold | 99 | 140 | 41.41% |
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 Forest Lake, MN
Browse Homes in Forest Lake, MN
Forest Lake home values range from $99,900 to $2,499,900. The median estimated value of a home in Forest Lake is $422,301. The median list price of a home is 434,900, and the total count of properties in the city is 706.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Forest Lake, 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 Forest Lake, 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 Forest Lake, MN ranges from the highest value of $219,900 in 55025 to the lowest value of $219,900 in 55025. Bank owned homes and properties account for 0.14% of properties in Forest Lake, MN. There is 1 zips within Forest Lake, MN; 55025 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions55025 has 14 auction properties, the highest number of properties going to auction in a single zip in the state of Forest Lake, MN. Auction homes and other auction properties account for 1.98% of all properties in Forest Lake, MN. There is 1 zips within Forest Lake, MN; of that zips, the median estimated home value for homes going to auction ranges from $992,768 in 55025 to the lowest value of $245,994 in 55025.
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Guide for Forest Lake, 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.
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