Forest Lake, MN Real Estate
Population 20,553 · Median home value $357,500
Forest Lake Home Prices & New Construction
Based on 350 market home sales in Forest Lake over the last 12 months. Figures as of September 2026.
New construction: 48 newly built homes sold in Forest Lake over the last 12 months, starting around $500 (median $460,000). 3 sold under $300,000 in the last year.
105 homes sold under $300,000 in Forest Lake in the last 12 months.
| Price range | Homes sold (12 mo) |
|---|---|
| Under $200k | 38 |
| $200k–$300k | 67 |
| $300k–$400k | 79 |
| $400k–$500k | 90 |
| $500k–$700k | 43 |
| $700k+ | 33 |
Median sale price: $385,000 · Median price per sq ft: $266
The median sale price is roughly flat over the last year ($385,000, versus $388,500 a year earlier).
Source: ATTOM. As of September 2026. Market sales only (excludes transfers between family members and similar non-market deeds); individual transactions and owners are not shown.
About Forest Lake
Forest Lake is a city in Washington County, Minnesota, United States, located 27 miles northeast of Saint Paul, and 29 miles northeast of Minneapolis. The population was 20,611 at the 2020 census.
Your Local Forest Lake Real Estate Agent
Steve Cody is the featured agent for Forest Lake, MN.
School Districts Serving Forest Lake
- Forest Lake Public School District
Forest Lake Public School District serves grades PK–12 across 15 schools with about 5,776 students.
Grades PK–12 · 15 schools · 5,776 students