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Forest Lake, MN 55025 Real Estate & Property Data

Forest Lake, MN 55025 Real Estate Market Trends

Last Updated: April 27, 2024

A total of 321 residential properties have been sold over the past 12 months in 55025. With a median sales price of $380,000 in 55025 and a total of 1 foreclosures in Forest Lake, MN 55025. Discover market trends and get the granular level real estate data for Forest Lake, MN 55025 to keep your pulse on the housing market. Curate compelling home reports for Forest Lake, MN 55025 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Forest Lake, MN 55025 Real Estate Market Trends

Get property data for any address in Forest Lake, MN 55025 or the country:

Total Residential Properties 9,118

Total Commercial Properties 571

Avg. Home Age (Single Family Home) 41 Years

Avg. Square Feet (Single Family Home) 1,625

Total 2024 Residential Sales (year-to-date) 46

% of Homes Seriously Underwater (Q2 2024) 0.93%

Total 2023 Residential Sales 283

% of Equity Rich Homes (Q2 2024) 24.96%

Effective 2023 Property Tax 1.01%

Total Foreclosure Filings (year-to-date) 6

Forest Lake, MN 55025 Real Estate Overview

There were 321 residential properties sold in the past year in Forest Lake, MN 55025. The median home value in Forest Lake, MN 55025 is $395,250. There are a total of 9,118 residential properties in the 55025.

Median Sales Price i

$380,000

(Feb 2024)

-2.5%

year-over-year

y-o-y

February '24 Feb '24 $380,000
January '24 Jan '24 $352,450
December '23 Dec '23 $364,252
November '23 Nov '23 $352,000
October '23 Oct '23 $497,500
September '23 Sep '23 $335,000
August '23 Aug '23 $409,950
July '23 Jul '23 $382,750
June '23 Jun '23 $453,000
May '23 May '23 $337,000
April '23 Apr '23 $428,500
March '23 Mar '23 $344,950

Median Down Payment i

$36,250

(Feb 2024)

-52.3%

year-over-year

y-o-y

February '24 Feb '24 $36,250
January '24 Jan '24 $22,900
December '23 Dec '23 $32,500
November '23 Nov '23 $47,625
October '23 Oct '23 $108,000
September '23 Sep '23 $62,725
August '23 Aug '23 $86,440
July '23 Jul '23 $50,242
June '23 Jun '23 $89,037
May '23 May '23 $17,832
April '23 Apr '23 $82,732
March '23 Mar '23 $106,445

Number of Homes Sold i

22

(Feb 2024)

+100%

year-over-year

y-o-y

February '24 Feb '24 22
January '24 Jan '24 24
December '23 Dec '23 30
November '23 Nov '23 16
October '23 Oct '23 22
September '23 Sep '23 33
August '23 Aug '23 42
July '23 Jul '23 30
June '23 Jun '23 36
May '23 May '23 21
April '23 Apr '23 19
March '23 Mar '23 15

Number of Purchase Loans i

18

(Feb 2024)

+100%

year-over-year

y-o-y

February '24 Feb '24 18
January '24 Jan '24 18
December '23 Dec '23 23
November '23 Nov '23 17
October '23 Oct '23 22
September '23 Sep '23 32
August '23 Aug '23 32
July '23 Jul '23 25
June '23 Jun '23 27
May '23 May '23 16
April '23 Apr '23 17
March '23 Mar '23 12

Number of REFI Loans i

14

(Feb 2024)

-6.7%

year-over-year

y-o-y

February '24 Feb '24 14
January '24 Jan '24 13
December '23 Dec '23 8
November '23 Nov '23 17
October '23 Oct '23 15
September '23 Sep '23 14
August '23 Aug '23 14
July '23 Jul '23 15
June '23 Jun '23 25
May '23 May '23 17
April '23 Apr '23 15
March '23 Mar '23 13

Number of HELOC Loans i

12

(Feb 2024)

+200%

year-over-year

y-o-y

February '24 Feb '24 12
January '24 Jan '24 7
December '23 Dec '23 12
November '23 Nov '23 6
October '23 Oct '23 15
September '23 Sep '23 6
August '23 Aug '23 10
July '23 Jul '23 15
June '23 Jun '23 25
May '23 May '23 16
April '23 Apr '23 5
March '23 Mar '23 1

Forest Lake, MN 55025 Real Estate Market Overview

Last 30 days

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Forest Lake, MN 55025 Foreclosure Activity

There were a total of 1 Forest Lake, MN 55025 properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i

1

(Feb 2024)

-75%

year-over-year

y-o-y

February '24 Feb '24 1
January '24 Jan '24 5
December '23 Dec '23 2
November '23 Nov '23 2
October '23 Oct '23 1
September '23 Sep '23 1
August '23 Aug '23 1
July '23 Jul '23 1
June '23 Jun '23 N/A
May '23 May '23 2
April '23 Apr '23 3
March '23 Mar '23 4

Foreclosure Starts i

1

(Feb 2024)

-75%

year-over-year

y-o-y

February '24 Feb '24 1
January '24 Jan '24 5
December '23 Dec '23 2
November '23 Nov '23 2
October '23 Oct '23 1
September '23 Sep '23 1
August '23 Aug '23 1
July '23 Jul '23 1
June '23 Jun '23 N/A
May '23 May '23 2
April '23 Apr '23 3
March '23 Mar '23 4

Completed Foreclosures (REOs) i

February '24 Feb '24 N/A
January '24 Jan '24 N/A
December '23 Dec '23 N/A
November '23 Nov '23 N/A
October '23 Oct '23 N/A
September '23 Sep '23 N/A
August '23 Aug '23 1
July '23 Jul '23 N/A
June '23 Jun '23 2
May '23 May '23 1
April '23 Apr '23 N/A
March '23 Mar '23 N/A

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