Zip 55025 (Forest Lake, MN) Housing

Housing in 55025 Forest Lake, MN has a median value of $381,200, which is slightly higher than the US median value of $338,100. Although the US 1 year house appreciation rate was 8.27%, Forest Lake's rate was slightly lower at 6.66%. This indicates that while housing prices are still climbing in Forest Lake, they are not increasing as quickly as the national average. Overall, real estate in this area is still on an upswing and likely to continue to rise in the future.

The median home cost in Forest Lake (zip 55025) is $381,200. Home appreciation the last 10 years has been 94.0%. Home Appreciation in Forest Lake (zip 55025) is up 12.2%.

Average Age of Homes

- The median age of Forest Lake (zip 55025) real estate is 34 years old

The Rental Market in Forest Lake (zip 55025)

- Renters make up 20.1% of the Forest Lake (zip 55025) population
- 1.2% of houses and apartments in Forest Lake (zip 55025), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Forest Lake, Minnesota	United States
	10,283.0	139,647,020.0
	34	42
	$381,200	$338,100
	12.2%	16.6%
	47.9%	57.0%
	94.0%	101.1%
	$10.76	$10.98
	$3,270	$2,690
	72.8%	57.4%
	4.3%	11.2%
	23.0%	31.4%
Vacant Housing
	1.2%	1.9%
	0.4%	0.4%
	0.8%	0.7%
	0.0%	0.4%
	0.9%	3.6%
	1.0%	4.1%
Value of Owner-Occupied Housing
	1.8%	2.6%
	0.8%	2.4%
	0.3%	2.8%
	0.2%	3.9%
	0.3%	4.5%
	2.9%	11.3%
	9.8%	13.0%
	33.0%	20.1%
	23.9%	13.6%
	13.9%	8.3%
	10.8%	9.7%
	1.8%	3.9%
	0.2%	2.2%
	0.0%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	18.7%	13.6%
	18.7%	13.6%
	16.9%	13.6%
	16.3%	13.2%
	17.9%	14.8%
	16.9%	13.6%
	4.7%	10.0%
	2.3%	4.7%
	6.5%	12.2%

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