House Prices

Forest Lake Methuen, MA House Prices & Home Values 2026


Average Data

average house price$393,001
average size per house2068 ft²
average price per ft²188 $ / ft²

04/19/2026 - The value range (VR) for house prices in Forest Lake Methuen, MA is $178.6/ sqft to $197.4/ sqft. An average home with 2068 sqft costs approximately $363,805 to $402,100. Methuen, MA includes 1 ZIP codes and it is located in Essex county. The lowest prices are found in ZIP 01844, while the highest are in ZIP 01844. The average price per sqare feet is $188. Our analysis is based on 7 property listings.

Avergage prices by ZIP codes Forest Lake Methuen

01844184 $ / ft²




Historical development of home values in Forest Lake Methuen

Year Estimated value (USD) Change vs. 2025
2010 $182,517 -53.6%
2011 $175,459 -55.4%
2012 $174,986 -55.5%
2013 $181,527 -53.8%
2014 $190,553 -51.5%
2015 $200,333 -49.0%
2016 $210,788 -46.4%
2017 $222,165 -43.5%
2018 $234,447 -40.3%
2019 $245,318 -37.6%
2020 $258,000 -34.4%
2021 $293,447 -25.3%
2022 $342,094 -13.0%
2023 $360,754 -8.2%
2024 $381,624 -2.9%
2025 $393,001 0.0%

Graph: estimated home values in Forest Lake Methuen over time (USD)



Example: 100% financing house in Forest Lake Methuen

Loan amount: $393,001

Interest rate: 5.91%

Fixed monthly payment: $2,333.55

Breakdown in the 1st month:
Interest portion: $1,935.53  –  Principal portion: $398.02

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $23,094.84 $4,907.74 $388,093.26
2 $22,796.80 $5,205.77 $382,887.49
3 $22,480.67 $5,521.90 $377,365.59
4 $22,145.34 $5,857.24 $371,508.35
5 $21,789.64 $6,212.93 $365,295.42
6 $21,412.35 $6,590.23 $358,705.19
7 $21,012.14 $6,990.43 $351,714.76
8 $20,587.63 $7,414.94 $344,299.82
9 $20,137.34 $7,865.24 $336,434.58
10 $19,659.70 $8,342.87 $328,091.71
11 $19,153.06 $8,849.51 $319,242.20
12 $18,615.65 $9,386.92 $309,855.28
13 $18,045.61 $9,956.96 $299,898.31
14 $17,440.95 $10,561.63 $289,336.69
15 $16,799.57 $11,203.01 $278,133.68
16 $16,119.24 $11,883.34 $266,250.34
17 $15,397.59 $12,604.98 $253,645.36
18 $14,632.12 $13,370.45 $240,274.91
19 $13,820.17 $14,182.40 $226,092.51
20 $12,958.91 $15,043.66 $211,048.85
21 $12,045.35 $15,957.23 $195,091.62
22 $11,076.30 $16,926.27 $178,165.35
23 $10,048.42 $17,954.16 $160,211.20
24 $8,958.11 $19,044.47 $141,166.73
25 $7,801.58 $20,200.99 $120,965.74
26 $6,574.83 $21,427.74 $99,538.00
27 $5,273.58 $22,729.00 $76,809.00
28 $3,893.30 $24,109.27 $52,699.73
29 $2,429.21 $25,573.36 $27,126.37
30 $876.20 $27,126.37 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Forest Lake Methuen, MA


1500 sqft3900 sqft
Ø selling price$336,102$714,980
Ø fast selling$305,547$643,482
Ø high price sale$366,657$786,478

In 2026, houses in Forest Lake Methuen, MA will be offered at an average price of $188 per square foot. A 1,500 sqft home priced at $336,102 is 22.66% more expensive per square foot than a 3,900 sqft home priced at $714,980. Home prices in Forest Lake Methuen, MA vary significantly depending on the property’s condition and exact location. For a quick sale, a 2,700 sqft home should be listed at around $494,987. Sellers who can wait longer may achieve a higher price of up to $604,984.


Forest Lake Neighborhood in Methuen, MA

Overview

Forest Lake is a tranquil neighborhood in Methuen, MA known for its scenic water views and close-knit feel. Located near major routes like I?93 and I?495, it offers convenient commuting to Boston, the Merrimack Valley, and southern New Hampshire.

Outdoors & Setting

The heart of the area is the namesake lake, where residents appreciate kayaking, fishing, and quiet shoreline strolls when weather permits. Tree-lined streets and pockets of conservation-style greenery create a peaceful, suburban atmosphere.

Housing & Real Estate

Housing options range from cozy cottages and ranches to updated colonials, with many properties attracting buyers seeking value near the waterfront. Buyers and renters alike will find competitive property values compared to nearby waterfront communities, yet with strong long-term appeal.

Amenities & Community

The neighborhood sits within Methuen?s school system and is close to everyday essentials, including local dining, shopping plazas, and services.
Outdoor enthusiasts enjoy nearby parks, multi-use paths, and seasonal wildlife watching around the lake. Community spirit shows in friendly block walks, lakefront sunrises, and neighbors who value a quieter pace without sacrificing access. For home seekers researching Methuen, Forest Lake stands out for its blend of natural beauty, accessibility, and classic New England neighborhood charm.



FAQ – Home Values in Forest Lake Methuen

What is the median home value in Forest Lake Methuen in 2026?

In 2026, the typical home value in Forest Lake Methuen is about $393,001 for an average home size of 2068 square feet. This corresponds to an average price of roughly $188 per square foot.

What is the average cost per square foot in Forest Lake Methuen?

In 2026, homes in Forest Lake Methuen sell for an average of around $188 per square foot, with a typical range between $178.6 and $197.4 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Forest Lake?

The average home size in Forest Lake Methuen is about 2068 square feet, with an estimated 2026 value around $393,001.



Neighborhoods close to Forest Lake Methuen, MA

Old Center North Andover, MA285 $ / ft²
Merrimacport Merrimac, MA291 $ / ft²
Talbot Mills North Billerica, MA467 $ / ft²
Groveland Groveland, MA207 $ / ft²
Georgetown Center Georgetown, MA217 $ / ft²
Dunstable Center Dunstable, MA233 $ / ft²




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