Forest Lake, MN
Housing market overview · Updated weekly
$429,900median sale price
Homes sold
13
Last 12 weeks
Days on market
73
Average pace
Active listings
43
3.3 months supply
Sale-to-list
99.0%
Below asking
The Forest Lake housing market is currently classified as a balanced market with a median sale price of $429,900. Prices have risen 14.6% compared to last year, with homes spending an average of 73 days on market, indicating 3.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Forest Lake
There are currently 43 homes listed for sale in Forest Lake, Minnesota. The median listing price is $460K.
Active listings
43
Homes on market
Median list price
$460K
Avg. days on market
73
Days until sale
New this week
24
Newly listed
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Frequently asked questions
What is the average home price in Forest Lake?
The median home sale price in Forest Lake is $429,900, up 14.6% from last year.
How long do homes stay on market in Forest Lake?
Homes typically spend 73 days on market before going under contract.
Is Forest Lake a buyer's or seller's market?
With 3.3 months of supply, Forest Lake is currently a balanced market.
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