The median home value in Forest Lake, MN is $400,000. This is higher than the county median home value of $399,400. The national median home value is $338,100. The average price of homes sold in Forest Lake, MN is $400,000. Approximately 70.51% of Forest Lake homes are owned, compared to 24.78% rented, while 4.71% 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 20,366. Forest Lake is less family-centric than the surrounding county with 29.79% of the households containing married families with children. The county average for households married with children is 36.3%.
The median household income in Forest Lake, Minnesota is $87,753. The median household income for the surrounding county is $102,258 compared to the national median of $69,021. The median age of people living in Forest Lake is 38.6 years.
The average high temperature in July is 82.4 degrees, with an average low temperature in January of 2.8 degrees. The average rainfall is approximately 32.4 inches per year, with 53.7 inches of snow per year.