Forest Lake, IL Housing Market
In February 2025, Forest Lake home prices were down 5.3% compared to last year, selling for a median price of $426K.
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.
- Peoria homebuyers searched to move into Forest Lake more than any other metro followed by New York and Springfield.
- 84% of Forest Lake homebuyers searched to stay within the Forest Lake metropolitan area.
- Cape Coral was the most popular destination among Forest Lake homebuyers followed by Phoenix and Sarasota.
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Dec '24 - Feb '25 | ||
| 1 | 1,018 | ||
| 2 | 825 | ||
| 3 | 682 | ||
| 4 | 638 | ||
| 5 | 604 | ||
| 6 | 340 | ||
| 7 | 301 | ||
| 8 | 292 | ||
| 9 | 282 | ||
| 10 | 273 | ||
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Dec '24 - Feb '25 | ||
| 1 | 2,000 | ||
| 2 | 1,179 | ||
| 3 | 1,104 | ||
| 4 | 999 | ||
| 5 | 910 | ||
| 6 | 882 | ||
| 7 | 882 | ||
| 8 | 865 | ||
| 9 | 838 | ||
| 10 | 715 | ||
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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