Forest Lake, MN—55025
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$422,000
1.6% YoY Growth
Household Income
$96,000
13.0% YoY Growth
Days on Market
55
17.0% Shorter YoY
Home Price Forecast
-0.1%
Median Rent
$1,550
4.1% YoY Growth
1-Bed Rent
$1,160
0.8% YoY Growth
2-Bed Rent
$1,710
51.4% YoY Growth
3-Bed Rent
$2,000
0.5% YoY Growth
Home Price Trends — Forest Lake, MN
As of Dec '25, the median home price in Forest Lake, MN is $422,000, with a year-over-year change of 1.6%. This indicates that home prices in Forest Lake, MN are increasing. According to Zillow, the 1-year price projection is -0.1%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $422,000 | 1.6% |
| Single Family | $424,000 | 1.7% |
| Condos | $291,000 | 2.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |