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Forman Home Values and Market Report

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LakeMinnetonkaRealEstate.com
Report prepared by LakeMinnetonkaRealEstate.com
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Market at a glance

Over the last 12 months, homes sold for 93.2% of list price in 92 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $299K Sold · $275K
$320K$230K$140K$50K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 1 sale in Sep. Last month: 1.

Where the market stands

All homes in this report, by status.

4homes
Active2 · 50%
Sold (12 mo)2 · 50%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

6.0months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$289K
Sold$162K

Average days on market

Active97 days
Sold92 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 2
Average list price $289,450
Avg. days on market 97 days
Avg. price per ft² $149
Avg. living area 2,148 ft²
Avg. beds / baths 3.0 / 2.5

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

$600K$400K$200K$0

Price vs. living area: 2 homes plotted, up to $600K and 3,000 ft².

0 ft²1,0002,0003,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

Highest price per ft²

Top 2 homes in this status.

220 Lylac Circle$214
610 6th Street SW$85

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
220 Lylac CircleForman, ND 58032 331,632$349,900$21495 days
610 6th Street SWForman, ND 58032 322,664$229,000$8599 days
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Questions about this market?

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These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota. Real estate listings held by brokerage firms other this firm are marked with the Broker Reciprocity logo. Information Deemed Reliable But Not Guaranteed. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

Listing data © 2026 Regional Multiple Listing Service of Minnesota. All rights reserved. By searching, you agree to the EULA.