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Median sale price
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ZIP 55738 in Forbes, MN: housing market trends

The median home sale price in ZIP 55738 in Forbes, MN was $288,415 for the three-month period ending September 2026. Sale prices were 1.9% higher than the same period one year earlier. These are area-level statistics; changes in the mix of homes sold can move the median.

Median sale price
$288,415
three-month period ending September 2026
Median sale price per sq ft
$111.59
three-month period ending September 2026
Active listings
8
three-month period ending September 2026
Typical monthly rent
Unavailable
Rent index · unavailable date

How is housing inventory changing?

There were 8 active listings for the three-month period ending September 2026. Active listings were 60.0% higher than the same period one year earlier. This counts homes active at any time during the period, not only those available on its final day.

How long are homes taking to sell?

The median time on market was 143 days for the three-month period ending September 2026. Sale prices, inventory, and selling time describe different parts of the market; none alone establishes what an individual home will sell for.

Home prices by property type

Published Redfin medians for each home type. Each row covers the three-month period ending in its listed month; missing values remain unavailable.

Property-type comparison for ZIP 55738 in Forbes, MN
Home typePeriod endingMedian sale priceSale price / sq ftHomes sold
All homesSeptember 2026$288,415$111.592 · small sample
Single-familySeptember 2026$288,427$111.592 · small sample

Compare nearby housing markets

Published city and place figures. Check each row’s reporting period and source before comparing; these are separate markets, not neighborhood boundaries.

Nearby market comparison for ZIP 55738 in Forbes, MN
MarketMedian sale priceReporting period / source
Forbes, MNUnavailableMonth ending unavailable date · Zillow
Iron, MNUnavailableMonth ending unavailable date · Zillow
Meadowlands, MN$180,0003 months ending April 2026 · Redfin
Cotton, MNUnavailableMonth ending unavailable date · Zillow
Eveleth, MN$131,9373 months ending September 2026 · Redfin
Hibbing, MN$181,4143 months ending September 2026 · Redfin

Recent sale-price history

All residential home types. Each row represents an overlapping three-month period ending in that month. Use the charts above for the full available history and home-type filters. Missing values remain unavailable.

Recent home sale prices for ZIP 55738 in Forbes, MN
Period endingMedian sale priceSale price / sq ftActive listings
September 2026$288,415$111.598
August 2026UnavailableUnavailable6
July 2026$77,000$200.526
June 2026$77,000$200.527
May 2026$77,000$200.525
April 2026UnavailableUnavailable3
March 2026UnavailableUnavailable3
February 2026$115,000$19.173
January 2026$115,000$19.173
December 2025$145,000$84.373
November 2025$229,000$256.204
October 2025$229,000$256.204
September 2025$283,000$362.825
August 2025$125,000$144.684
July 2025$125,000$144.685
June 2025$125,000$144.684
May 2025UnavailableUnavailable2
April 2025UnavailableUnavailable1
March 2025UnavailableUnavailable1
February 2025UnavailableUnavailable1
January 2025UnavailableUnavailableUnavailable
December 2024$320,000$268.461
November 2024$320,000$268.461
October 2024$320,000$268.461

Sources and definitions

Sale-price and property-type histories use Redfin where available. Redfin observations cover rolling three-month periods. Zillow Research supplies monthly home-value and rent indices and additional market series. Provider selection is shown in the chart details. Each metric retains its own reporting date.

Sale price per square foot describes completed sales with reported floor area; it is not a listing-price measure. Active listings count listings active during the reporting period. Home values and rents are typical-value indices, not sale-price or rent medians. ZIP map boundaries are Census ZCTAs and may differ from provider regions. Related ZIP associations do not imply containment within city boundaries.

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