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Market Intelligence · MN / St. Louis County

Forbes, MN housing market

1 ZIP market liveData updated August 2026Typical value$201K1-yr changeUp7.0%

The median home value in Forbes, MN is $201K as of August 2026, up 7.0% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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The coverage

Forbes, by the numbers.

Typical home valueZillow ZHVI, August 2026
$201K
1-yr changeMedian across Forbes ZIPs
+7.0%
ZIP markets live
1
County
St. Louis County

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12-month value trend

+7.0% over 12 months

Typical home value in Forbes over the last 12 months: $188K in Aug 2025 to $201K in Aug 2026 (+7.0%).

Aug 2025$188K

Aug 2026$201K

Median Zillow home value index across Forbes's ZIP codes.

Context

As of August 2026, Zillow's index pegs the typical Forbes home at $200,948, a 12-month move of +7.0%. Turning to what is for sale, Realtor.com counts 4 homes on the market, 0 newly listed, and a median asking price of $240,000 as of August 2026. Listings sit a median 84 days before selling, with 100.0% of active homes cutting their price. Taken together, the numbers describe a rising market with clear year-over-year appreciation.

The numbers

What is the housing market like in Forbes, MN?

Typical home value

$201K

Up7.0%YoY

Median list price

$240K

Days on market

84

Homes for sale

4

Price cuts

100.0%

New listings

0

Sources · Zillow ZHVI (August 2026) / Realtor.com (August 2026)

Figures reflect Forbes's ZIP codes with market data: values and listing medians take the median across ZIPs; inventory and new listings are summed.

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Live markets

What ZIP codes are live in Forbes?

Typical value is the Zillow home value index (ZHVI) for each ZIP, as of August 2026. 1-yr change compares it to the same ZIP a year earlier.

Zillow ZHVI, August 2026

Local pros

Who are the top real estate agents in Forbes?

Top real estate agents in Forbes, MN

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Nearby markets

More Minnesota housing markets.

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