Homes in Forada
Home prices around Forada have risen about 49% over the past 5 years. Builders were permitted 1 new home in 2025.
Home prices up 49% in 5 years
The federal house price index for the ZIP code around Forada rose 49% over the past 5 years, faster than across Minnesota (37%). Last year prices rose 4%.
Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Forada, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.
A two-bedroom rents for about $1,000
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Douglas County, MN): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
1 new home permitted in 2025
Builders were permitted 1 new home in Forada in 2025. Over the past 10 years, Forada has permitted 20 homes in all.
Every year as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 0 | 0 | 0 | — |
| 2025 | 1 | 1 | 0 | $458,000 |
| 2024 | 1 | 1 | 0 | $321,000 |
| 2023 | 16 | 16 | 0 | $4.9 million |
| 2022 | 0 | 0 | 0 | — |
| 2021 | 0 | 0 | 0 | — |
| 2020 | 0 | 0 | 0 | — |
| 2019 | 2 | 2 | 0 | $750,000 |
| 2018 | 0 | 0 | 0 | — |
| 2017 | 0 | 0 | 0 | — |
| 2016 | 0 | 0 | 0 | — |
| 2015 | 2 | 2 | 0 | $650,000 |
| 2014 | 1 | 1 | 0 | $160,000 |
| 2013 | 1 | 1 | 0 | $160,000 |
| 2012 | 1 | 1 | 0 | $160,000 |
| 2011 | 1 | 1 | 0 | $160,000 |
| 2010 | 1 | 1 | 0 | $160,000 |
| 2009 | 1 | 1 | 0 | $160,000 |
| 2008 | 1 | 1 | 0 | $100,000 |
| 2007 | 0 | 0 | 0 | — |
| 2006 | 0 | 0 | 0 | — |
| 2005 | 2 | 2 | 0 | $570,000 |
| 2004 | 3 | 1 | 2 | $420,000 |
| 2003 | 3 | 3 | 0 | $305,000 |
| 2002 | 1 | 1 | 0 | $85,000 |
| 2001 | 1 | 1 | 0 | $150,000 |
| 2000 | 1 | 1 | 0 | $100,000 |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.
Neighbors talk housing
What Forada buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.