Sale prices by area / Forest Lake
Forest Lake: what homes actually sold for
Every sale below comes from the certificate of real estate value (eCRV) filed with the state when property changes hands. The median arm's-length price in 2026 was $374,750, up 72% from $218,000 in 2015.
Median price (2026)
$374,750
Sales in 2026
161
Investor/entity buyers
17%
Median sale price by year
| Year | Median | Middle half | Sales | Investor share |
|---|---|---|---|---|
| 2015 | $218,000 | $152,750 to $297,000 | 456 | 9.9% |
| 2016 | $218,950 | $165,000 to $313,750 | 446 | 8.5% |
| 2017 | $237,000 | $178,325 to $330,500 | 507 | 14.2% |
| 2018 | $245,250 | $175,000 to $333,936 | 428 | 12.2% |
| 2019 | $285,500 | $210,500 to $381,850 | 439 | 13.0% |
| 2020 | $295,000 | $215,000 to $385,000 | 493 | 11.8% |
| 2021 | $315,500 | $240,000 to $425,000 | 471 | 15.1% |
| 2022 | $350,000 | $264,250 to $460,329 | 384 | 16.9% |
| 2023 | $355,000 | $284,500 to $474,925 | 300 | 13.7% |
| 2024 | $370,000 | $280,000 to $475,000 | 367 | 15.8% |
| 2025 | $399,950 | $300,000 to $484,900 | 332 | 13.6% |
| 2026 | $374,750 | $275,000 to $480,000 | 161 | 17.4% |
Arm's-length sales only: gifts, related-party transfers, and sales flagged as non-market are excluded, as are prices under $3,000. Investor share counts sales where a buyer is an organization (LLC, trust, company) rather than an individual.
Largest sales in the last 12 months
| 131 19th Street Southwest | August 26, 2025 | $7,245,000 |
| 908 15th Street SW | March 20, 2026 | $2,000,000 |
| 1186 | February 27, 2026 | $1,605,211 |
| 623 N shore Dr | August 26, 2025 | $1,500,000 |
| 108 12th ST | January 30, 2026 | $1,500,000 |
| 6631 North Shore Trail N | November 10, 2025 | $1,425,000 |
| 20805 Ingersoll Avenue N | February 26, 2026 | $1,414,724 |
| 1086 West Broadway Avenue | September 29, 2025 | $1,397,000 |
Large transactions are often commercial or multi-parcel deals, not single homes.
Wondering how your own assessment compares to what homes really sell for? Check your address with the free assessment lookup, run the two-minute appeal checkup, and know this year's appeal deadlines.
Source: Minnesota Department of Revenue eCRV weekly sales extracts, October 2014 to present, updated weekly. Medians and shares are computed from arm's-length sales as described above.