Current Price

$402,318

1 Month Forecast

â–² $424,179

1-Year Forecast *

â–² $449,393

5-Year Forecast *

â–² $482,891

"Is it a good time to buy homes in Forest Lake?" "Does investing in real estate in Forest Lake (Minnesota State, Washington County) worth it?" According to our live Forecast System, buying a house in Forest Lake is a good short-term (1-year) investment*. The Forest Lake average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Forest Lake" 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 Forest Lake in Minnesota State, Washington County. If you are looking for homes for sale with good flipping profit, Forest Lake can be a profitable property investment option. The median price of an average house in Forest Lake was 402,318 USD on 2026-03-02. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Forest Lake" area is 482,891 USD by 2031-03-02. For a 5-year investment the profit is expected to be around +20.03% meaning that investing 100000 USD today may yield a profit of 20,027 USD by 2031.

Current Median Listing Price: 402,318 USD Median Listing Price Per Square Foot: 224 USD

Forest Lake 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.

Forest Lake (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.

Forest Lake Price Target

Forest Lake median home price target in 12 months: $449,393* (upside of 11.7%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $426,186 $421,818 $421,408 $426,186
2024 $391,337 $402,318 $391,337 $402,318
2023 $386,683 $391,824 $385,966 $394,240
2022 $374,618 $388,106 $374,618 $396,869
2021 $330,804 $370,574 $330,804 $370,574
2020 $304,155 $325,913 $304,155 $325,913
2019 $288,461 $302,405 $288,461 $302,405
2018 $275,058 $287,380 $275,058 $287,380
2017 $258,851 $273,208 $258,851 $273,208
2016 $241,504 $256,724 $241,504 $256,724
2015 $228,067 $239,861 $228,067 $239,861
2014 $216,089 $227,253 $216,089 $227,253
2013 $195,344 $215,516 $195,344 $215,516
2012 $179,409 $193,897 $179,409 $193,897

Questions & Answers about the Forest Lake Housing Market Forecast

How much does an average home cost in Forest Lake today?

The value of an average home (the listing price) in Forest Lake is $402,318 USD.

What is the average price per square foot in Forest Lake?

According to Walletinvestor the median price per square foot in Forest Lake is 224 USD.

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

Yes. The Forest Lake home prices may rise from 402,318 USD to 449,393 USD in one year.

Is it profitable to invest in Forest Lake homes?

Yes. The long-term profit potential is +11.70% in one year.

Will Forest Lake house prices fall / drop?

No. See above.

What is the predicted price of a Forest Lake home in 2030?

The predicted home sales price of a Forest Lake home in 2030 in Forest Lake is 466,563 USD.

What is the predicted price of a Forest Lake home in 2035?

The predicted home sales price of a Forest Lake home in 2035 in Forest Lake is 520,781 USD.

Will real estate prices decrease in Forest Lake?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Forest Lake is the 2943. largest city in the United States, located in Minnesota State.

During the last 12 months the real estate prices in Washington, Forest Lake decreased, looking at the past 12 months.

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

Median home values decreased by 5.251% to 402,318 USD, between 2025-03-02 and 2026-03-02

The average annual profit of property investment was:

  • 13.131% in 2021
  • 11.491% in 2022
  • 10.881% in 2023
  • 12.921% in 2024
  • 10.301% in 2025
  • 10.841% in 2026

Based on our Forest Lake real estate market research and report the predicted sales prices will increase by 202.391% in the next 10 years.

Over the last 12 months, the value of homes in Forest Lake fluctuated: increasing 1 times and decreasing 3 times.

Forest Lake (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
Forest Lake Housing Market Forecast with Real Estate Prices for 2025
August 2025 424179 400425 447933
September 2025 426553 403092 450013
October 2025 428940 401917 455963
November 2025 431341 390363 472318
December 2025 433755 410766 456744
Forest Lake Housing Market Forecast with Real Estate Prices for 2026
January 2026 435495 402833 468157
February 2026 437121 394720 479521
March 2026 439472 405193 473751
April 2026 441932 404367 479496
May 2026 444405 403964 484846
June 2026 446892 416057 477728
July 2026 449393 404903 493883
August 2026 451908 415756 488061
September 2026 454438 423536 485339
October 2026 456981 421793 492169
November 2026 457354 422137 492570
December 2026 455617 412789 498444
Forest Lake Housing Market Forecast with Real Estate Prices for 2027
January 2027 453825 415250 492400
February 2027 452041 429439 474643
March 2027 450398 408961 491835
April 2027 449235 411949 486522
May 2027 447588 403724 491451
June 2027 446758 419059 474457
July 2027 447154 411829 482479
August 2027 448786 410639 486933
September 2027 450972 414895 487050
October 2027 453286 408864 497708
November 2027 455179 426048 484311
December 2027 456248 422942 489554
Forest Lake Housing Market Forecast with Real Estate Prices for 2028
January 2028 456335 423479 489191
February 2028 455520 419989 491050
March 2028 454430 415804 493057
April 2028 453538 419977 487100
May 2028 452975 413113 492837
June 2028 453570 419099 488041
July 2028 455315 428451 482178
August 2028 457372 424441 490303
September 2028 458703 429346 488060
October 2028 459139 426540 491738
November 2028 459768 417010 502527
December 2028 460825 428567 493083
Forest Lake Housing Market Forecast with Real Estate Prices for 2029
January 2029 462130 438561 485699
February 2029 463416 430513 496318
March 2029 464499 438951 490046
April 2029 465686 436813 494558
May 2029 468292 427551 509033
June 2029 468149 426952 509346
July 2029 466563 424106 509021
August 2029 465021 425494 504548
September 2029 463681 439570 487793
October 2029 463042 429703 496381
November 2029 463492 440318 486667
December 2029 466086 434859 497314
Forest Lake Housing Market Forecast with Real Estate Prices for 2030
January 2030 468695 421825 515564
February 2030 471318 447281 495355
March 2030 473956 445045 502867
April 2030 476608 429901 523316
May 2030 478520 450766 506274
June 2030 480307 443323 517290
July 2030 482891 437499 528282
August 2030 485593 456943 514243
September 2030 488311 440456 536165
October 2030 491044 458635 523453
November 2030 493792 459720 527864
December 2030 496556 448886 544225
Forest Lake Housing Market Forecast with Real Estate Prices for 2031
January 2031 499335 449901 548769
February 2031 502129 473006 531253
March 2031 502539 456808 548270
April 2031 500630 466587 534673
May 2031 498662 462758 534565
June 2031 496701 469879 523523
July 2031 494896 448376 541416
August 2031 493618 455116 532120
September 2031 491808 444103 539514
October 2031 490897 456043 525751
November 2031 491332 447603 535060
December 2031 493125 464031 522219
Forest Lake Housing Market Forecast with Real Estate Prices for 2032
January 2032 495527 448948 542107
February 2032 498069 465197 530942
March 2032 500150 470141 530159
April 2032 501324 462722 539926
May 2032 501419 464314 538524
June 2032 500524 460983 540065
July 2032 499327 462876 535778

> 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.