All Home Types
Forest Lake, MN Housing Market
What is the housing market like in Forest Lake today?
In June 2025, Forest Lake home prices were down 2.6% compared to last year, selling for a median price of $436K. On average, homes in Forest Lake sell after 18 days on the market compared to 23 days last year. There were 36 homes sold in June this year, up from 28 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$436,000
-2.6% YoY | Jun 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jun 2025
Growth
% YoY
Forest Lake, MN
$436,000
-2.6%
United States
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Forest Lake Migration & Relocation Trends
In Feb '25 - Apr '25, 22% of Forest Lake homebuyers searched to move out of Forest Lake, while 78% looked to stay within the metropolitan area.
- Across the nation, 0.77% of homebuyers searched to move into Forest Lake from outside metros.
- Albuquerque homebuyers searched to move into Forest Lake more than any other metro followed by Miami and New York.
Where are people moving to Forest Lake from?
- 78% of Forest Lake homebuyers searched to stay within the Forest Lake metropolitan area.
- Brainerd was the most popular destination among Forest Lake homebuyers followed by Cape Coral and Duluth.
Where are people from Forest Lake moving to?
Number of People Moving to Forest Lake
least
most
People are moving to Forest Lake from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Feb '25 - Apr '25 | ||
| 1 | 857 | ||
| 2 | 853 | ||
| 3 | 621 | ||
| 4 | 583 | ||
| 5 | 421 | ||
| 6 | 294 | ||
| 7 | 268 | ||
| 8 | 158 | ||
| 9 | 148 | ||
| 10 | 134 | ||
People are leaving Forest Lake for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Feb '25 - Apr '25 | ||
| 1 | 463 | ||
| 2 | 255 | ||
| 3 | 232 | ||
| 4 | 151 | ||
| 5 | 129 | ||
| 6 | 82 | ||
| 7 | 79 | ||
| 8 | 70 | ||
| 9 | 62 | ||
| 10 | 50 | ||
Methodology
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Recently sold homes
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Forest Lake.
Provided by First Street Foundation
Transportation in Forest Lake
Learn about the walkability, bikeability, and transit-friendliness of Forest Lake
Car-Dependent
Walk Score®
Somewhat Bikeable
Bike Score®
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