Lake Forest, MN Housing Market

Homes for sale

The median sale price of a home in Lake Forest was $1.9M last month, up 79.6% since last year. The median sale price per square foot in Lake Forest is $462, up 122.1% since last year.

Trends
Demand
Schools
Climate
Transportation

Lake Forest Housing Market Trends

What is the housing market like in Lake Forest today?

In October 2024, Lake Forest home prices were up 79.6% compared to last year, selling for a median price of $1.9M.

$1.85M

Sale Price

+191.3%
since last year

$462

Sale $/Sq. Ft.

+122.1%
since last year

Under List Price

7.5%

Days on Market

221

Down Payment

99.0%

Total Homes Sold

To compare other locations to the Lake Forest and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in St. Louis Park add value to a home.

Work with the best agents in Lake Forest

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View houses in Lake Forest that sold recently

Recently sold homes

SOLD OCT 11, 2024
VIDEO TOUR
$1,850,000 Last Sold Price
5 beds
4 baths
—sq ft
2200 Drew Ave S, Minneapolis, MN 55416
List Price
$1,999,000
Sale to List
7% under list
Days on Market
147 days
2200 Drew Ave S, Minneapolis, MN 55416
SOLD JUN 18, 2024
$1,410,175 Last Sold Price
5 beds
5 baths
—sq ft
4009 Cedar Lake Rd S, Saint Louis Park, MN 55416
List Price
$1,375,000
Sale to List
3% over list
Days on Market
41 days
4009 Cedar Lake Rd S, Saint Louis Park, MN 55416

Schools in Lake Forest

Learn about schools in the Lake Forest area

Elementary
Middle
High

GreatSchools Rating

No elementary schools in this region.

School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.

Climate's impact on Lake Forest housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Lake Forest.

Wind Factor - Minor

100% of properties are at minor risk of a severe wind event over the next 30 years

Heat Factor - Minor

100% of properties are at minor risk of heat over the next 30 years

Provided by First Street Foundation

Transportation in Lake Forest

Learn about the walkability, bikeability, and transit-friendliness of Lake Forest

24 / 100

Car-Dependent

Walk Score®

31 / 100

Some Transit

Transit Score®

67 / 100

Bikeable

Bike Score®

More real estate resources for Lake Forest

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