Forbes MN Homes for Sale

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Forbes Real Estate

The median home value in Forbes, MN is $100,200. This is lower than the county median home value of $153,000. The national median home value is $219,700. The average price of homes sold in Forbes, MN is $100,200. Approximately 74.4% of Forbes homes are owned, compared to 4.96% rented, while 20.64% are vacant. Forbes real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Forbes real estate agent to arrange a tour today!

Forbes, Minnesota has a population of 498. Forbes is less family-centric than the surrounding county with 18.01% of the households containing married families with children. The county average for households married with children is 26.75%.

The median household income in Forbes, Minnesota is $70,833. The median household income for the surrounding county is $50,936 compared to the national median of $57,652. The median age of people living in Forbes is 54.1 years.

Forbes Weather

The average high temperature in July is 77.7 degrees, with an average low temperature in January of -4.9 degrees. The average rainfall is approximately 28.6 inches per year, with 60.3 inches of snow per year.

Forbes Real Estate Market Conditions

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  • # Active listings

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    30-day change

Forbes Schools and Demographics

Education near Forbes, MN

Metric City County
High School Graduates 94.7 93.64
College Degree - 2 year 16.45 12.42
College Degree - 4 year 11.94 28.39
Graduate Degree 2.92 6.28
Expenditures per Student 16,497 14,181
Students per Teacher 14.8 18.2

Elementary Schools near Forbes, MN

School Grades Students P/T Ratio ZIP
Cherry Elementary School PK - 06 269 14.1 55751
Franklin Elementary School PK - 04 413 14.3 55734
Greenhaven Elementary School PK - 02 327 14.8 55746
Lincoln Elementary School 03 - 06 739 20 55746
Merritt Elementary School PK - 06 275 13.5 55768
Washington Elementary School KG - 02 307 14.6 55746

High Schools near Forbes, MN

School Grades Students P/T Ratio ZIP
Cherry Secondary School 07 - 12 182 16 55751
East Range Academy of Tech-Science 09 - 12 131 11.6 55734
Eveleth-Gilbert Senior High School 09 - 12 304 18.5 55734
Hibbing High School 07 - 12 1,020 17 55746
Mountain Iron-Buhl Secondary School 07 - 12 212 13.5 55768
Northeast Service Cooperative OLL 09 - 12 0 55768

Ungraded Schools near Forbes, MN

School Grades Students P/T Ratio ZIP
* Mesabi Area Learning Center 09 - 12 10 83.3 55746

Demographics near Forbes, MN

Metric City County
Neighborhood Type Suburban
Population 498 200,294
Population Density 5 32
Median Age 54.1 41
People per Household 2.4 2.2
Median Household Income 70,833 50,936
Average Income per Capita 30,386 29,197