Annessa Fackelman
Forest Lake Real Estate
Forest Lake offers a blend of lakeside living and suburban convenience in Minnesota. Annessa Fackelman provides direct, warm guidance for buyers and sellers navigating this unique market.
Real estate in Forest Lake reflects a community shaped by its namesake water and expansive surroundings. The housing stock features a significant proportion of detached residences, with 61% of homes categorized as single-family detached according to the U.S. Census Bureau (2020–2024 ACS 5-year estimates). Annessa Fackelman uses her local knowledge to help clients evaluate these properties, whether they are looking for waterfront acreage or a manageable townhouse.
The local market has shown steady appreciation over time. In Washington County, home prices increased by 1.8% over one year (Federal Housing Finance Agency House Price Index, 2024 to 2025). This growth reaches 35.0% when looking at a five-year period from 2020 to 2025. These figures illustrate the long-term nature of property ownership in the region.
Annessa Fackelman specializes in assisting those through major life transitions. She holds expertise in downsizing and seller representation, offering hands-on support for complicated moves. Her approach focuses on clear communication and genuine care, ensuring every client feels informed during their Forest Lake real estate journey.
By the numbers
Forest Lake, MN at a glance
| Population2020–2024 ACS 5-year estimates | 20,729 |
|---|---|
| Housing units2020–2024 ACS 5-year estimates | 8,723 |
| Median home value (owner-occupied)2020–2024 ACS 5-year estimates | $393,500 |
| Median monthly rent2020–2024 ACS 5-year estimates | $1,421 |
| Median annual property tax paid2020–2024 ACS 5-year estimates | $3,751 |
| Homes that are owner-occupied2020–2024 ACS 5-year estimates | 73% |
| Homes that are single-family detached2020–2024 ACS 5-year estimates | 61% |
| Median year homes were built2020–2024 ACS 5-year estimates | 1988 |
| Commutes under 30 minutes2020–2024 ACS 5-year estimates | 61% |
| Home price change, 1 year (Washington County)2024 to 2025 | +1.8% |
| Home price change, 5 years (Washington County)2020 to 2025 | +35.0% |
| Average 30-year fixed mortgage rate (U.S.)week of 2026-09-24 | 7.03% |
| Average 30-year fixed mortgage rate a year earlier (U.S.)week of 2025-09-18 | 6.26% |
Sources: U.S. Census Bureau, American Community Survey; Federal Housing Finance Agency House Price Index; Freddie Mac Primary Mortgage Market Survey. Published estimates for the area as a whole, not a valuation of any property.
FAQ
Frequently asked questions
What is the median home value in Forest Lake, MN?↓
The median home value for owner-occupied units in Forest Lake is $393,500 according to the U.S. Census Bureau (2020–2024 ACS 5-year estimates). This figure reflects the diverse range of housing available in the city. Annessa Fackelman can provide specific insights into how this median compares to current listings.
How common is home ownership in Forest Lake?↓
The community has a high rate of residency stability, with 73% of homes being owner-occupied (U.S. Census Bureau, 2020–2024 ACS 5-year estimates). There are 8,723 housing units total in the city. This data highlights a market where many residents choose to plant long-term roots.
What are the property taxes like in Forest Lake?↓
Homeowners in Forest Lake pay a median annual property tax of $3,751 (U.S. Census Bureau, 2020–2024 ACS 5-year estimates). Tax amounts will vary based on the specific property and assessed value. Annessa Fackelman helps sellers and buyers understand these carrying costs during the transaction process.
What is the typical age of a home in Forest Lake?↓
The median year homes were built in Forest Lake is 1988 according to the U.S. Census Bureau (2020–2024 ACS 5-year estimates). While the area has many established neighborhoods, Annessa Fackelman also works with new construction properties for those seeking modern builds. She understands the nuances of both older homes and recent developments.
What are the current mortgage rates for Forest Lake buyers?↓
For the week of September 24, 2026, the average 30-year fixed mortgage rate in the U.S. was 7.03% (Freddie Mac Primary Mortgage Market Survey). This is an increase from the average of 6.26% recorded a year earlier in September 2025. Annessa Fackelman assists buyers in navigating these changing financial landscapes.
Related