Forestville, MN housing market
Home prices around Forestville have risen about 54% over the past 5 years.
Home values, sales, trends and how Forestville compares with the towns next door — updated as new data is published.
Home prices up 54% in 5 years
The federal house price index for the ZIP codes around Forestville rose 54% over the past 5 years, faster than across Minnesota (37%). Last year prices rose 11%.
Show as a table
| Year | Change that year | Since 2000 | Minnesota since 2000 |
|---|---|---|---|
| 2025 | +11% | +134% | +127% |
| 2024 | +3.9% | +112% | +120% |
| 2023 | +13% | +104% | +113% |
| 2022 | +12% | +81% | +104% |
| 2021 | +6.1% | +62% | +82% |
| 2020 | +4.8% | +53% | +66% |
| 2019 | +7.1% | +46% | +61% |
| 2018 | +8.1% | +36% | +55% |
| 2017 | +2.3% | +26% | +46% |
| 2016 | +6.5% | +23% | +38% |
| 2015 | +6.3% | +15% | +32% |
| 2014 | +0.8% | +8.6% | +28% |
| 2013 | −1.5% | +7.7% | +21% |
| 2012 | −1.1% | +9.4% | +16% |
| 2011 | −1.8% | +11% | +18% |
| 2010 | −3% | +13% | +25% |
| 2009 | −5.5% | +16% | +33% |
| 2008 | +4% | +23% | +42% |
| 2007 | −5.6% | +18% | +48% |
| 2006 | +3.3% | +25% | +49% |
| 2005 | +4.3% | +21% | +45% |
| 2004 | +4.7% | +16% | +34% |
| 2003 | +4.6% | +11% | +23% |
| 2002 | +2.2% | +6.2% | +18% |
| 2001 | +3.9% | +3.9% | +9.2% |
| 2000 | — | — | — |
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP codes 55975, 55965, 55990, covering 61% of Forestville’s land, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost.
Forestville and its neighbors
| Town | 1-yr change | 2-bed rent | Median income |
|---|---|---|---|
| Forestville | +10.5%† | $1,140 | $81,250 |
| Bloomfield | +10.5%† | $1,220 | $113,375 |
† FHFA price index change, where Zillow has no home value for the town.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.
A two-bedroom rents for about $1,140
HUD's Fair Market Rent for a two-bedroom in Forestville is $1,140 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Forestville pay a median of $1,450.
Studio $870 · 4 bedrooms $1,550
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (55965, 55975, 55990; Fillmore County, MN HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
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. 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.