Forest Lake, IL Housing Market
In July 2025, Forest Lake home prices were down 13.0% compared to last year, selling for a median price of $335K.
since last year
since last year
Forest Lake Migration & Relocation Trends
- Across the nation, 3% of homebuyers searched to move into Forest Lake from outside metros.
- Rockford homebuyers searched to move into Forest Lake more than any other metro followed by Peoria and St. Louis.
- 82% of Forest Lake homebuyers searched to stay within the Forest Lake metropolitan area.
- Phoenix was the most popular destination among Forest Lake homebuyers followed by Milwaukee and Cape Coral.
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | May '25 - Jul '25 | ||
| 1 | 970 | ||
| 2 | 904 | ||
| 3 | 725 | ||
| 4 | 707 | ||
| 5 | 690 | ||
| 6 | 555 | ||
| 7 | 388 | ||
| 8 | 271 | ||
| 9 | 268 | ||
| 10 | 224 | ||
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | May '25 - Jul '25 | ||
| 1 | 4,781 | ||
| 2 | 1,624 | ||
| 3 | 1,556 | ||
| 4 | 1,098 | ||
| 5 | 1,098 | ||
| 6 | 1,085 | ||
| 7 | 924 | ||
| 8 | 895 | ||
| 9 | 829 | ||
| 10 | 827 | ||
Recently sold homes
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Forest Lake.
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