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Forest Lake
  • Town in Minnesota

Forest Lake Real Estate Market

About Forest Lake Real Estate

Housing
grade B
Based on home values, property taxes, housing costs, local schools, and more.
Area Feel
Dense Suburban
Rent vs. Own
  • Rent
    28%
  • Own
    72%
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Homes for Sale

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Real Estate Costs

Median Home Value
$272,200
National
$217,500
Home Values
  • <$50k
    3%
  • $50-$99k
    2%
  • $100-$199k
    20%
  • $200-$399k
    56%
  • $400-$749k
    18%
  • $750k+
    2%
Median Rent
$1,117
National
$1,062
Monthly Rent
  • <$500
    6%
  • $500-$999
    30%
  • $1,000-$1,499
    51%
  • $1,500-$1,999
    6%
  • $2,000+
    7%
63%
of residents say housing is affordable. 8 responses

Home Quality

Poll
50%
of residents say the exterior quality of homes is good or excellent. 8 responses
Poll
50%
of residents say the interior quality of homes is good or excellent. 8 responses
75%
of residents say there is a good variety of homes. 8 responses
50%
of residents say there are a few vacant or abandoned properties here and there. 6 responses
50%
of residents say that parking is readily available. 8 responses

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Overview

Homes in Forest Lake have a median value of $272,200. The median rent price in Forest Lake is $1,117 and most residents own their homes. Forest Lake is walkable, and there are a lot of parks nearby.

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