Brian Leneweaver

Forest Lake, MN 55025

Single-Family Homes

Real Estate Professional - Minnesota & Wisconsin


Forest Lake, MN 55025

Mon Nov 10 2025
This week the median list price for Forest Lake, MN 55025 is $517,300 with the market action index hovering around 38. This is less than last month's market action index of 39. Inventory has increased to 48. Click here to stay informed with the Forest Lake market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Forest Lake, MN 55025

Mon Nov 10 2025
This week the median list price for Forest Lake, MN 55025 is $517,300 with the market action index hovering around 38. This is less than last month's market action index of 39. Inventory has increased to 48. Click here to stay informed with the Forest Lake market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Real-Time Market Profile

Never miss important changes in the Forest Lake market.
Median List Price $517,300
Median Price of New Listings $509,900
Per Square Foot $215
Average Days on Market 91
Median Days on Market 46
Price Decreased 50%
Price Increased 0%
Relisted 13%
Inventory 48
Median Rent
Market Action 38
Slight Seller's Advantage

Prices in this zip code have been on a downward trend recently and this week, while essentially flat, doesn't break us out of that cycle.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,125,000 3,392 1 - 2.5 acres 4 2.8 32 0 0 101
$572,500 2,490 0.5 - 1 acre 4 3 34 1 1 52
$467,400 2,330 0.25 - 0.5 acre 4 2.5 22 1 2 31
$362,450 1,882 0.25 - 0.5 acre 3 2 54 1 1 45