Forest Lake
Vibrant city anchored by one of the area's largest lakes

~20,000
Population
Median Price Range
$400K–$650K
Avg Days on Market
16–25 days
Distance to MSP
27 miles
School District
Forest Lake ISD 831
About Forest Lake
Forest Lake is the largest city in this market area and one of the most complete communities in the northern metro. It has a full commercial corridor, strong schools, multiple parks, and Forest Lake itself — a large, well-developed recreational lake that anchors the community's identity. The city has grown significantly over the past two decades and now offers the amenities of a small city alongside genuine lake access.
Cheryl's Take
"Forest Lake is where buyers come when they want it all — a real city with restaurants, shopping, and services, but also a lake in their backyard. The lakeshore market here is competitive and prices reflect that. But the off-lake neighborhoods are still a strong value, and the school district is one of the best in the region. I've sold a lot of homes here and the buyers almost never leave."
— Cheryl Kempenich, Lakeshore Specialist
Living in Forest Lake
Schools
Forest Lake ISD 831 serves the city with a broad selection of academic, activity, and athletic opportunities. Forest Lake Area High School anchors a district that is a major draw for area families.
Dining & Shopping
Forest Lake has one of the area's deepest benches of restaurants, coffee shops, and everyday dining. The Highway 8 corridor makes errands easy while downtown and lakeside options keep the scene local.
Parks & Recreation
Forest Lake itself is the centerpiece for boating, fishing, beaches, and summer gatherings. City parks, athletic fields, and nearby trails offer recreation in every season.
Community Life
Forest Lake feels like a northern metro city with a genuine lake-town identity. Residents have access to services and events while still recognizing neighbors at the park, shoreline, and local businesses.
Market Overview
Forest Lake has one of the most competitive markets in the region. Lakeshore properties command significant premiums and move quickly. Off-lake neighborhoods offer strong value with excellent amenities. Washington County property taxes are higher than Chisago County.
Property Types
Lakeshore
$700K–$1.5M+Forest Lake and nearby waters offer everything from classic cabins to large year-round homes with private docks. Competition is strongest for updated properties with usable shoreline and easy water access.
Established Suburban
$350K–$575KEstablished neighborhoods feature ramblers, two-stories, and larger homes near parks, schools, and retail. Buyers get mature streets and practical access to the city's amenities.
New Construction Subdivision
$475K–$750KNew development on the city's edges offers contemporary layouts and low-maintenance finishes. These neighborhoods appeal to buyers wanting modern space near Interstate 35 and Highway 8.
What Buyers Notice
- Large, well-developed recreational lake
- Full commercial amenities — restaurants, retail, services
- Top-rated school district
- Strong resale market
- Washington County location
Who Buys Here
Buyers who want a full-service community with lake access and strong schools — and are willing to pay for it.
Market at a Glance
Nearby Lakes & Water
- Forest Lake
- Comfort Lake
- Shields Lake
Thinking about Forest Lake?
Cheryl knows this market. A quick conversation can tell you whether it's the right fit.
Talk to Cheryl