Comprehensive market data and analysis• Updated Dec 2025
34.5 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 1 | 2 | 3 |
| 1-2 acres | - | - | 1 | 1 |
| 2-5 acres | - | 1 | 2 | 4 |
| 5-10 acres | - | - | - | 1 |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 2 | 5 | 9 |
Acreage buckets
The median price for land in Forest Lake, Minnesota is currently $60K per acre. For a typical parcel, the median sale price is $195K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $154K while premium lots reached $407K.
Forest Lake, Minnesota is currently a strong buyer's market with 34.5 months of supply. Buyers have more negotiating power and can take time to find the right property.
Forest Lake, Minnesota currently has 34.5 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
The median land price in Forest Lake, Minnesota stands at $195K. This translates to roughly $60K per acre for the typical parcel size. The average price is $253K, indicating some higher-priced properties pulling up the average.
Over the past 12 months, Forest Lake, Minnesota saw 9 properties sold, totaling $2.3M in sales volume. In just the last 3 months, 2 properties changed hands.
The 3-month absorption rate in Forest Lake, Minnesota is 2.9%. The 12-month rate is 3.3%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Land in Forest Lake, Minnesota averages $311K per acre. The median price per acre is $60K, which may be more representative of typical transactions. Most parcels sold are around 2.5 acres.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
