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.

Home Value$181,527

+6.8%

Prices rising — worse for buyers.

Affordability

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Income (annual)

Down Payment

$36,305 on $181,527

Example: $75,000 household income. Change it above to see your own.

Affordable19.8% 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$2.22M Woodland$1.62M Greenwood$1.6M Sunfish Lake$1.16M Orono$1.08M Medicine Lake$1.08M Tonka Bay$1.06M Deephaven$1.02M

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