Data as of April 2026. Source: Realtor.com.
The FORBES, MN real estate market (55738) currently shows 2 active listings, with 1 pending sales. Homes are averaging 46 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 selling faster, averaging 46 days on market compared to 47 days last year.
The median listing price has risen 111.9% year-over-year, from $200,500 to $424,900.
Whether you are buying or selling in FORBES, MN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
Population: 603 · Density: 1.9/mi² · Median household income: $72,500
Typical home value: $136,486 · Homeownership: 95.7%
Based on listing price changes before sale/pending as a proxy for sale-to-list dynamics. Source: Realtor.com.
| 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 April 2026, there are 2 active listings in FORBES, MN (zip code 55738), compared to 1 the prior year.
The median listing price in FORBES, MN 55738 is $424,900 as of April 2026, a 111.9% increase from $200,500 the prior year.
Homes in FORBES, MN 55738 spend an average of 46 days on the market before going under contract, compared to 47 days the prior year.
Based on current inventory and days-on-market data as of April 2026, FORBES, MN 55738 is currently a Balanced Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are selling faster, averaging 46 days on market compared to 47 days last year.
With SELL123.com's maximum 3% commission, sellers in FORBES, MN 55738 save an estimated $8,498 compared to a typical 5% commission on the median listing price of $424,900. 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.