New Increase in Contracts for Forest Lake Real Estate Market

The Forest Lake market was even this week as sales remained at four homes over the prior 30 days, but the area is experiencing a determined upward trend of contracts closing, now up to five. There are four months of inventory remaining in the market, and that will likely remain the case as the median sales price stayed flat at $259,000 this week.

Trying to find a more traditional home in Forest Lake? Then check out these listings that were built before most others in the market:

$265K   $232K   $634K  

Get started right now by checking out Forest Lake homes for sale or reviewing Forest Lake real estate trends.

Demographic facts for Forest Lake:

  • The median house value here is $237,800.
  • The area gets 109 rainy days a year. (U.S. average: 100)
  • The unemployment rate is 8.6%.
  • The students per teacher ratio in this area is 17.3:1. (15.3:1 = national average)

Data reported through 10/12/2016


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