The median home value in Forest Lake, MN is $340,000. This is higher than the county median home value of $308,100. The national median home value is $219,700. The average price of homes sold in Forest Lake, MN is $340,000. Approximately 69.12% of Forest Lake homes are owned, compared to 23.73% rented, while 7.14% are vacant. Forest Lake 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 Forest Lake real estate agent to arrange a tour today!
Forest Lake, Minnesota has a population of 19,406. Forest Lake is less family-centric than the surrounding county with 31.37% of the households containing married families with children. The county average for households married with children is 37.06%.
The median household income in Forest Lake, Minnesota is $74,475. The median household income for the surrounding county is $89,598 compared to the national median of $57,652. The median age of people living in Forest Lake is 39.1 years.
The average high temperature in July is 83.5 degrees, with an average low temperature in January of 2 degrees. The average rainfall is approximately 32.2 inches per year, with 51.1 inches of snow per year.