Forbes, MN · October 2026

Forbes market snapshot

Home values and rents in Forbes, refreshed every month. Nothing distressed is listed here today.

Browse Minnesota foreclosures
Distressed homes
None today
Median home value
$181,472
Median rent
$1,120/mo
12-month value change
-6.6%

Home values over the past year

The median Forbes home moved from $194,232 in Oct 2025 to $181,472 in Oct 2026, -6.6%.

$194,232 $178,735
Oct 2025 Jan Apr Jul Oct 2026

Median rent

$1,120/mo -1.8%

$1,140 $1,120
Oct 2025 Jan Apr Jul Oct 2026

Price range

Sample homes across the Forbes market.

Entry
$67,400
Typical
$177,910
Upper end
$400,503

This month

Home values: -4.81% MoM; rent: +0.00% MoM.

  1. Oct 2025 $194,232
  2. Nov 2025 $190,073
  3. Dec 2025 $180,234
  4. Jan 2026 $182,263
  5. Feb 2026 $178,735
  6. Mar 2026 $178,815
  7. Apr 2026 $181,786
  8. May 2026 $180,411
  9. Jun 2026 $183,289
  10. Jul 2026 $187,226
  11. Aug 2026 $190,983
  12. Sep 2026 $190,646
  13. Oct 2026 $181,472

Schools nearby

Close to homes for sale in Forbes.

  • Cherry School
  • Rock Ridge High School
  • North Star Elementary School
  • Mesabi East Schools
  • Mesabi Range College

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Home values and rents are city-wide medians as of October 2026. Listing counts are live and cover active foreclosure, preforeclosure, auction and other distressed properties in Forbes, MN.

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