Current Price

$188,081

1 Month Forecast

â–² $189,044

1-Year Forecast *

â–² $191,332

5-Year Forecast *

â–² $211,798

"Is it a good time to buy homes in Forbes?" "Does investing in real estate in Forbes (Minnesota State, Saint Louis County) worth it?" According to our live Forecast System, buying a house in Forbes is a not so good short-term (1-year) investment*. The Forbes average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Forbes" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Forbes in Minnesota State, Saint Louis County. If you are looking for homes for sale with good flipping profit, Forbes can be a profitable property investment option. The median price of an average house in Forbes was 188,081 USD on 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Forbes" area is 211,798 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +12.61% meaning that investing 100000 USD today may yield a profit of 12,610 USD by 2031.

Current Median Listing Price: 188,081 USD Median Listing Price Per Square Foot: 104 USD

Forbes Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Forbes (Minnesota State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Forbes Price Target

Forbes median home price target in 12 months: $191,332* (upside of 1.7%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2024 $190,163 $188,081 $186,400 $190,163
2023 $177,531 $192,190 $177,531 $192,194
2022 $161,499 $176,560 $161,499 $179,018
2021 $155,117 $158,701 $155,117 $163,517
2020 $132,420 $151,897 $132,420 $151,897
2019 $120,127 $131,606 $120,127 $131,606
2018 $116,863 $119,372 $116,454 $119,372
2017 $108,531 $117,050 $108,531 $117,050
2016 $108,219 $107,968 $107,414 $108,219
2015 $105,160 $108,512 $105,051 $108,705
2014 $100,034 $104,191 $100,034 $104,191
2013 $91,779 $99,392 $91,779 $99,392
2012 $0 $0 $0 $0

Questions & Answers about the Forbes Housing Market Forecast

How much does an average home cost in Forbes today?

The value of an average home (the listing price) in Forbes is $188,081 USD.

What is the average price per square foot in Forbes?

According to Walletinvestor the median price per square foot in Forbes is 104 USD.

Will the median listing price of homes in Forbes grow / rise / go up?

Yes. The Forbes home prices may rise from 188,081 USD to 191,332 USD in one year.

Is it profitable to invest in Forbes homes?

Yes. The long-term profit potential is +1.73% in one year.

Will Forbes house prices fall / drop?

No. See above.

What is the predicted price of a Forbes home in 2030?

The predicted home sales price of a Forbes home in 2030 in Forbes is 208,198 USD.

What is the predicted price of a Forbes home in 2035?

The predicted home sales price of a Forbes home in 2035 in Forbes is 231,291 USD.

Will real estate prices decrease in Forbes?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Forbes is the 23879. largest city in the United States, located in Minnesota State.

During the last 12 months the real estate prices in Saint Louis, Forbes remained stable, looking at the past 12 months.

According to Walletinvestor's Forbes real estate market research, home values will increase in the next 12 months.

Median home values remained unchanged to 188,081 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 1.039% in 2021
  • 1.639% in 2022
  • 1.309% in 2023
  • 0.181% in 2024
  • 3.659% in 2025
  • 1.799% in 2026

Based on our Forbes real estate market research and report the predicted sales prices will increase by 18.698% in the next 10 years.

Forbes (Minnesota) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Forbes Housing Market Forecast with Real Estate Prices for 2025
January 2025 189044 172786 205302
February 2025 190012 176141 203883
March 2025 190985 179144 202826
April 2025 190766 180655 200877
May 2025 190068 175052 205083
June 2025 189372 175169 203575
July 2025 188679 173396 203962
August 2025 188005 172589 203422
September 2025 188423 178059 198786
October 2025 189388 170638 208137
November 2025 190357 173987 206728
December 2025 191332 172964 209700
Forbes Housing Market Forecast with Real Estate Prices for 2026
January 2026 192312 176927 207697
February 2026 193297 175900 210694
March 2026 194287 181658 206916
April 2026 195282 185127 205437
May 2026 195342 176394 214291
June 2026 194628 181587 207668
July 2026 193915 177045 210786
August 2026 193703 181112 206294
September 2026 194513 182259 206767
October 2026 195509 178500 212518
November 2026 196510 182362 210659
December 2026 197517 178753 216281
Forbes Housing Market Forecast with Real Estate Prices for 2027
January 2027 198528 184433 212624
February 2027 199545 180987 218103
March 2027 200567 185725 215409
April 2027 201594 183854 219334
May 2027 202626 185403 219850
June 2027 203664 189408 217921
July 2027 204290 187333 221246
August 2027 205118 191170 219066
September 2027 205113 186653 223573
October 2027 204362 189853 218872
November 2027 203615 184068 223162
December 2027 202870 188060 217679
Forbes Housing Market Forecast with Real Estate Prices for 2028
January 2028 203745 187241 220248
February 2028 204788 186562 223014
March 2028 205321 187047 223594
April 2028 205665 186950 224381
May 2028 206004 191378 220630
June 2028 206216 188481 223950
July 2028 206541 194768 218314
August 2028 205785 185824 225746
September 2028 205032 187604 222460
October 2028 206082 193511 218653
November 2028 207137 187459 226815
December 2028 208198 192583 223813
Forbes Housing Market Forecast with Real Estate Prices for 2029
January 2029 207959 196730 219189
February 2029 207198 193730 220666
March 2029 206440 193641 219239
April 2029 205685 187790 223579
May 2029 204950 184660 225240
June 2029 205405 186918 223891
July 2029 206457 190147 222767
August 2029 207514 194648 220380
September 2029 208577 196896 220257
October 2029 209645 194131 225159
November 2029 210719 196179 225258
December 2029 211798 196760 226835
Forbes Housing Market Forecast with Real Estate Prices for 2030
January 2030 212882 195639 230126
February 2030 212948 200384 225512
March 2030 212169 200075 224263
April 2030 211393 192367 230418
May 2030 211161 193001 229321
June 2030 212044 195080 229008
July 2030 213130 201834 224426
August 2030 214221 194085 234358
September 2030 215319 203476 227161
October 2030 216421 203003 229839
November 2030 217530 204260 230799
December 2030 218644 197435 239852
Forbes Housing Market Forecast with Real Estate Prices for 2031
January 2031 219763 204819 234707
February 2031 220889 199463 242315
March 2031 222020 206479 237561
April 2031 222702 209117 236287
May 2031 223605 207953 239257
June 2031 223600 211525 235674
July 2031 222781 201840 243723
August 2031 221966 209092 234840
September 2031 221154 207663 234644
October 2031 222108 206782 237433
November 2031 223245 211190 235301
December 2031 223826 206591 241061

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.