House Prices

House Prices & Home Values Forest Lake, MN 2026


Average Data

average house price$243,980
average size per house1481 ft²
average price per ft²165 $ / ft²

06/27/2026 - The value range (VR) for house prices in Forest Lake, MN is $150/ sqft to $150/ sqft. An average home with 1481 sqft costs approximately $222,150 to $222,150. Forest Lake, MN includes 1 ZIP codes and it is located in Washington county. The lowest prices are found in ZIP 55025, while the highest are in ZIP 55025. The average price per sqare feet is $165. Our analysis is based on 5 property listings.

Avergage prices by ZIP codes Forest Lake

55025156 $ / ft²




Historical development of home values in Forest Lake

Year Estimated value (USD) Change vs. 2025
2010 $113,309 -53.6%
2011 $108,927 -55.4%
2012 $108,634 -55.5%
2013 $112,694 -53.8%
2014 $118,298 -51.5%
2015 $124,369 -49.0%
2016 $130,860 -46.4%
2017 $137,923 -43.5%
2018 $145,548 -40.3%
2019 $152,297 -37.6%
2020 $160,170 -34.4%
2021 $182,176 -25.3%
2022 $212,376 -13.0%
2023 $223,961 -8.2%
2024 $236,917 -2.9%
2025 $243,980 0.0%

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



Example: 100% financing house in Forest Lake

Loan amount: $243,980

Interest rate: 6.00%

Fixed monthly payment: $1,462.78

Breakdown in the 1st month:
Interest portion: $1,219.90  –  Principal portion: $242.88

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $14,557.30 $2,996.10 $240,983.90
2 $14,372.50 $3,180.90 $237,803.00
3 $14,176.31 $3,377.09 $234,425.91
4 $13,968.02 $3,585.38 $230,840.54
5 $13,746.88 $3,806.52 $227,034.02
6 $13,512.11 $4,041.29 $222,992.73
7 $13,262.85 $4,290.55 $218,702.17
8 $12,998.22 $4,555.18 $214,146.99
9 $12,717.26 $4,836.14 $209,310.85
10 $12,418.98 $5,134.42 $204,176.43
11 $12,102.30 $5,451.10 $198,725.33
12 $11,766.09 $5,787.31 $192,938.02
13 $11,409.14 $6,144.26 $186,793.76
14 $11,030.18 $6,523.23 $180,270.53
15 $10,627.84 $6,925.56 $173,344.97
16 $10,200.68 $7,352.72 $165,992.25
17 $9,747.18 $7,806.22 $158,186.04
18 $9,265.71 $8,287.69 $149,898.35
19 $8,754.55 $8,798.85 $141,099.50
20 $8,211.85 $9,341.55 $131,757.95
21 $7,635.69 $9,917.71 $121,840.24
22 $7,023.98 $10,529.42 $111,310.82
23 $6,374.55 $11,178.85 $100,131.97
24 $5,685.07 $11,868.33 $88,263.64
25 $4,953.05 $12,600.35 $75,663.29
26 $4,175.89 $13,377.51 $62,285.78
27 $3,350.80 $14,202.60 $48,083.18
28 $2,474.81 $15,078.59 $33,004.59
29 $1,544.80 $16,008.60 $16,995.98
30 $557.42 $16,995.98 $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, MN


1500 sqft3900 sqft
Ø selling price$299,475$637,065
Ø fast selling$272,250$573,359
Ø high price sale$326,700$700,772

In 2026, houses in Forest Lake, MN will be offered at an average price of $165 per square foot. A 1,500 sqft home priced at $299,475 is 23.90% more expensive per square foot than a 3,900 sqft home priced at $637,065. Home prices in Forest Lake, MN vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $441,046. Sellers who can wait longer may achieve a higher price of up to $539,056.

FAQ – Home Values in Forest Lake

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

In 2026, the typical home value in Forest Lake is about $243,980 for an average home size of 1481 square feet. This corresponds to an average price of roughly $165 per square foot.

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

In 2026, homes in Forest Lake sell for an average of around $165 per square foot, with a typical range between $150 and $150 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Forest Lake is about 1481 square feet, with an estimated 2026 value around $243,980.



Locations close to Forest Lake, MN

Frontenac, MN132 $ / ft²
Goodhue, MN268 $ / ft²
Grandy, MN123 $ / ft²
Farmington, MN161 $ / ft²
Faribault, MN136 $ / ft²
Elko New Market, MN140 $ / ft²
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