Forbes, MN Housing Market
$201,021
6.3% 1-yrThe average Forbes, MN home value is $201,021, up 6.3% over the past year. (Updated on )
What is the Zillow Home Values Index?
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
Forbes Key Takeaways
Typical Home Values: $201,021
1-Year Value Change: +6.3%
(Data through August 31, 2026)
Forbes Housing Market Overview
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Nearby Neighborhoods
- NameMedian ZHVI
- Arnold$315,179
- Duluth Heights$340,217
- Woodland$321,076
- Kenwood$321,219
- Morley Heights/Parkview$377,718
- Hunters Park$392,528
- Chester Park/UMD$339,730
- Piedmont Heights$313,741
- Lakeside/Lester Park$331,680
Zillow is more than a place to browse homes. It’s a place to connect with a local agent, explore financing solutions, schedule home tours, understand your buying and selling power, and more.
Forbes Rental Market Trends
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
Frequently Asked Questions
What are current home values in Forbes, MN?
The median home value in Forbes, MN is $201,021 as of August 2026. This represents a 0.4% increase compared to last month and a 6.3% increase year-over-year.
How have home values changed in Forbes, MN?
Home values in Forbes, MN have increased by 0.4% month-over-month and 6.3% year-over-year.
How do home values in Forbes, MN compare to Saint Louis County, Minnesota, and the national average?
The median home value in Forbes, MN ($201,021) compares to: Saint Louis County ($257,492), Minnesota ($350,752), and the U.S. national median ($368,697).