The median home in Forbes, Minnesota is valued at $181,527, up 6.8% year over year. Forbes is part of the Duluth, MN-WI metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

See the full metro analysis: Duluth, MN-WI stress score, crash risk, and 12-month forecast →

Home Value$181,527

+6.8%

AFFORDABILITY

Enter your income for Forbes.

Income (annual)

Down Payment

$36,305 on $181,527

Affordable — 19.8% of income

Under the 28% guideline.

PITI$1,237

P/I19.8%

Afford$257K

Room+$75K

P&I $918Tax $169Ins $150

6.50% 30yr, 20% down, county tax + MN ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Minnesota

Compare Forbes with other housing markets across Minnesota.

Minnetonka Beach$2220K Woodland$1619K Greenwood$1602K Sunfish Lake$1156K Orono$1084K Medicine Lake$1082K Tonka Bay$1059K Deephaven$1018K

Full Duluth, MN-WI analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Duluth, MN-WI metro.

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FORBES, MN