Data as of September 2026. Source: Realtor.com.
The FORBES, MN real estate market (55738) currently shows 4 active listings, with 1 pending sales. Homes are averaging 128 days on the market before going under contract.
Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 128 days on market compared to 59 days last year.
The median listing price has risen 41.8% year-over-year, from $167,425 to $237,450.
Population: 603 · Density: 1.9/mi² · Median household income: $72,500
Typical home value: $136,486 · Homeownership: 95.7%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 55738 | Forbes, MN 55738 | 0.0 mi | 1 | $499,900 | $499,900 | $499,900 |
| 55734 | Eveleth, MN 55734 | 10.8 mi | 17 | $3,018,197 | $149,500 | $177,541 |
| 55724 | Cotton, MN 55724 | 14.9 mi | 4 | $1,653,000 | $413,250 | $413,250 |
| 55713 | Buhl, MN 55713 | 15.7 mi | 4 | $911,332 | $220,000 | $227,833 |
| 55741 | Gilbert, MN 55741 | 18.0 mi | 12 | $3,581,796 | $357,225 | $298,483 |
| 55702 | Alborn, MN 55702 | 20.9 mi | 1 | $250,000 | $250,000 | $250,000 |
| 55719 | Chisholm, MN 55719 | 21.5 mi | 17 | $2,501,244 | $134,500 | $147,132 |
| 55705 | Aurora, MN 55705 | 23.5 mi | 17 | $3,330,113 | $181,950 | $195,889 |
| 55775 | Pengilly, MN 55775 | 23.8 mi | 5 | $2,875,000 | $549,999 | $575,000 |
| 55736 | Floodwood, MN 55736 | 24.0 mi | 2 | $682,500 | $341,250 | $341,250 |
| 55779 | Saginaw, MN 55779 | 26.9 mi | 5 | $2,093,105 | $358,725 | $418,621 |
| 55716 | Calumet, MN 55716 | 28.6 mi | 3 | $438,600 | $146,200 | $146,200 |
| 55803 | Duluth, MN 55803 | 32.2 mi | 24 | $14,521,368 | $595,000 | $605,057 |
As of September 2026, there are 4 active listings in FORBES, MN (zip code 55738), compared to 3 the prior year.
The median listing price in FORBES, MN 55738 is $237,450 as of September 2026, a 41.8% increase from $167,425 the prior year.
Homes in FORBES, MN 55738 spend an average of 128 days on the market before going under contract, compared to 59 days the prior year.
Based on current inventory and days-on-market data as of September 2026, FORBES, MN 55738 is currently a Buyer's Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 128 days on market compared to 59 days last year.
With SELL123.com's maximum 3% commission, sellers in FORBES, MN 55738 save an estimated $4,749 compared to a typical 5% commission on the median listing price of $237,450. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.