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Forest Lake, MN real estate

Compare top Forest Lake real estate agents.

Agent Pronto analyzes transaction data, agent specialties, and client reviews to handpick the best agents in your area. Updated for March 2026. *


* Sales data is calculated based on transaction information available to Agent Pronto at the time of publishing and may not accurately reflect all transactions for a given agent.

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Forest Lake real estate Market Report.

Information and statistics on the latest trends in the Forest Lake real estate market, updated for March 2026. *

The typical home value in Forest Lake is projected to be $459,350 for the month of March. February’s finalized data reported the typical value of a home in the city to be $429,900—up 6.81% over the previous 12 months. For comparison, county-level data pegged home values at $430,000 in Washington County for the most recent reporting period. That number is expected to float around $436,500 in March.

Forest Lake had 24 new listings and 24 listings that went under contract in February, decreasing the area’s total available inventory to 43—down 4.44% from the previous month. Inventory is projected to have further decreased in March.

Of those 43 active listings, 20.93% reduced their price in the month of February. The median listing price for homes in Forest Lake grew 2.23% from January to February, bringing the current median listing price to $459,950. Based on projected data for March, listing prices may continue to grow.

The number of days that homes have been on the market prior to going under contract fell year-over-year. In February 2026, the median time for a listed property to go pending was 73 days, compared to 101 days in February 2025. In recent months the median number of days from listed to pending appears to be decreasing. That trend is predicted to have carried through to this March.

Forest Lake, MN real estate
18
Seller’s Market
Seller’s Market
Buyer’s Market
0
25
50
75
100

Market gauge is calculated based on the the number of active listings divided by home sales over the most recently available reporting period.

* Data provided by Redfin, a national real estate brokerage.

Learn more about what Forest Lake has to offer.

Forest Lake offers residents a welcoming mix of lakeside recreation, strong schools, well-maintained parks, and a tight-knit community that celebrates outdoor life and local culture.

Forest Lake combines small city convenience with quick access to the Twin Cities, making it a practical choice for commuters and long‑time residents alike. Its namesake lake is the centerpiece of daily life, surrounded by neighborhoods that range from quiet cul‑de‑sacs to acreage properties with room to grow.

Outdoor recreation is a major draw. Residents enjoy boating and fishing on Forest Lake, trails at Lakeside Memorial Park, and sports fields and playgrounds throughout the City of Forest Lake. The Forest Lake YMCA and Forest Lake Area Schools provide community programs, fitness options, and educational support that appeal to a wide range of ages and lifestyles.

Day‑to‑day needs are easy to handle with local shopping, medical services, and dining options near downtown and along major routes toward St. Paul and Minneapolis. Seasonal events at Lakeside Memorial Park and community activities through the Forest Lake Area Schools system add structure and connection for families and retirees.

Whether you are weighing your first move into Forest Lake or planning a change within the area, the local market can feel complex. A knowledgeable real estate agent who understands shoreline properties, new construction, and established neighborhoods can simplify choices, anticipate issues, and coordinate details. Agent Pronto connects buyers and sellers with the right Forest Lake agent so your move is more informed and less stressful from start to finish.

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See why so many people rely on Agent Pronto to make their real estate journey a success.

“The team was efficient, thoughtful, disciplined and committed. The access to immediate contractor support was also helpful.”

PCG · Rochester, MN

Photo of Deanna Brumbaugh
RE/MAX Advantage Plus
“Amy was very helpful and knowledgeable. Everything went well.”

Barbara S. · Minneapolis, MN

Photo of Amy Westerlund
Keller Williams Premier Realty
“I was pleasantly surprised when I only had 1 phone call from realtors. My realtor (Jeremy) was amazing. I believe his commitment is what sold the house. He was very fluent in keeping in touch and letting me know what was happening.”

Tammey A. · Coon Rapids, MN

Photo of Jeremy Ellingson
RE/MAX Advantage Plus
“Christina was an excellent Realtor to work with. Everything went very smoothly from start to finish.”

Dave K. · North Saint Paul, MN

Photo of Christina Chatlain
Keller Williams Premier Realty
“My family enjoyed working with Polina! She was friendly and always kept things real! She was more then just an agent!! Polina, was always easy to communicate with and promptly answered any questions or concerns!”

Heather · Inver Grove Heights, MN

Photo of The Kilpela Group
National Realty Guild
“Awesome agent. Took time to listen to my needs and desires and went out to find my dream house. This guys knows how to get the job done. I wish more people had the compassion and skill. This was a very pleasant experience.”

Diane and Jesse · North Branch, MN

Photo of The Mike VanGrinsven Group
RE/MAX Professionals
“This service was fast and easy to use. I ended up using the first realtor that came up, and she turned out to be just fabulous.”

Gregg D. · West Saint Paul, MN

Photo of Misty May & Team
Coldwell Banker Realty
“My partner and I worked with Kong for 4 months and he helped us buy our home. Throughout the whole process, Kong was extremely professional, responsive, honest and knowledgeable. He really worked with our availability during all the showings. He also helped us through a difficult situation with the sellers. We would definitely recommend and work with Kong again!”

Kelsey · St. Paul, MN

Photo of Kong Lee
Partners REalty
“Glad to have made this decision to use Jeff. He did a good job for us!”

Judi G. · Oak Grove, MN

Photo of Jeff Tollefson
RE/MAX Real Estate Properties
“Collin really took the time to make sure we understood everything about the process of buying our home. He was patient with us and never pressured us into settling.”

Jade Erickson · St. Paul, MN

Photo of Collin Vold
EXP Realty MN

Frequently Asked Questions

There are more than 2 million real estate agents across the U.S., and you want to be sure the one you partner with is an experienced and trustworthy professional with strong local expertise covering the housing market in and around Forest Lake. Working with a proven agent will help you sell your home faster and for more money, and help you find your dream home at the best possible price.


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