Forest Lake Real Estate Market

Forest Lake Market

The median sale price for homes in Forest Lake over the last 12 months is $139,000.


The median mortgage debt is $162,337.

Additional Statistics for Single Family Homes and Condos in Forest Lake, MN
$235,870
Median Listing Price
57
Median Days on Market
156
Active Listings
23.7%
Distressed Listings
(foreclosures and short sales)
Forest Lake, MN Price Trends - Sold vs. Listed
The median list price in May for single family homes in Forest Lake is $256,950. The list prices dropped by -4.63% from the previous month.

The price per square foot for listings in this area is $134.

The median sale price in December for single family homes is $140,000. The sale prices increased by 18.44% from the previous month.

The price per square foot for sales in this area is $47.

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Forest Lake, MN Market Inventory Trends

The number of active listings in Forest Lake increased by 6.5% from the previous month.

The median number of days active properties have been listed is 55. This is significantly shorter than the national average.

The number of sales in December dropped by 84.6% from the previous month.

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Forest Lake, MN Property Ownership

The percent of unoccupied properties is very low in Forest Lake. It is -10.58% below the national average.

The percent of owner occupied properties in Forest Lake is 11.97% above the national average.

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