1955 single family home for sale at 702 Forest Avenue SE in Staples, MN — 3 bed, 1 bath (photo 1 of 15)

702 Forest Avenue SE, Staples, MN 56479

3 Beds | 1 Bath | 1,914 Sq Ft | Single Family Home | MLS# 7136223

M Markdowns — Price Reduced — was $245,000 (↓ $45,000)

$200,000

$1,259/month Estimated

Principal & interest
$1,011
Property taxes
$131
Home insurance (est.)
$117
HOA dues
None

20% down ($40,000) · 30-yr fixed, 6.5% · Can I afford this home?

Estimates only; confirm before you offer.

Staples, MN Active
Offer-Ready51/100Top 9% for leverage

50 earns the badge · a typical active home here scores ~0

The price here has already come down — the numbers point to real room to negotiate.

  • 56 days on market — well over the usual 34 days
  • Price cut 18.4% (−$45,000)
  • No negative signals found in the listing history

MMR track record: Offer-Ready homes closed a median 12% below their highest asking price — vs 3% for non-flagged reduced homes. MMR analysis of 79 vs 998 NorthstarMLS sales, updated monthly.

Offer-Ready Score is a Modern Market REALTORS® calculation from NorthstarMLS listing data — not MLS-provided data.

Located in Forest Park Add, Staples, MN.

About This Home

Nestled on a large double corner lot, this charming 3-bedroom home offers space both inside and out. The spacious main level includes a welcoming living room, three bedrooms, and a full bathroom. Hardwood floors, central air, and an attached garage connected by a convenient breezeway add to the home's appeal. Enjoy the expansive yard with plenty of room for gardening, recreation, or future improvements, all while being just minutes from shopping, dining, schools, and other community amenities.

BuyPulse · Live market read

How 702 Forest Avenue SE Compares to the Staples Market

At $104/sqft, this home is priced $33/sqft below the typical Staples single-family home of $137/sqft.

The median list price in Staples is $200,000.

Verdict: Excellent Value

Your negotiating position

76 Strong buyer leverage

Seller's market · Balanced · Buyer leverage

Day 56 — Staples homes overall typically go under contract by day ~35. This one is past that window.

9 similar homes for sale — alternatives if they won't move.

This seller already cut $45,000 — the asking price has already moved.

Homes like this one — single-family homes between $150K and $250K in Staples:

  • The field: 9 similar Staples homes for sale — a short list right now.
  • Price cuts: 2 of 9 similar homes have trimmed asking. This one already cut $45,000.
  • Too few have sold recently to chart how fast they go or how they close — BuyPulse won't estimate those off a thin sample.

Powered by the Realgorithm™ — real Staples closings, zero guesses · NorthstarMLS

Key Features

Built
1955
Garage
2-Car Attached
Style
One
HOA
None
Annual Taxes
$1,572 (2026)

Property Details

Property Type
Single Family
Above Grade Sq Ft
1,101
Below Grade Sq Ft
813
Lot Size
0.321 acres
Basement
Yes
Roof
Age Over 8 Years, Asphalt
County
Todd
List Date
2026-09-01
Days on Market
56 days
Parcel ID
380093000

Financial

Total Tax incl. Assessments
$1,572

Home Systems & Utilities

Heating
Forced Air
Cooling
Central Air
Water
City Water - In Street
Sewer
City Sewer - In Street
Appliances
Dryer, Freezer, Refrigerator, Washer

Construction & Exterior

Construction & Structure

Foundation Type
Block
Foundation Area
945 sqft
Total Building Area
2,046 sqft

Exterior Features

Exterior Features
Metal
Accessibility Features
None

Parking & Garage

Parking Features
Attached Garage

Lot & Land

Road Surface
City Street
Zoning Description
Residential-Single Family

Agent & Office

List Office
Edina Realty, Inc.

Price History

  • Price reduced to $200,000 — Oct 24, 2026

702 Forest Avenue SE is listed in Staples, MN, part of Todd County. Browse all Minnesota homes for sale on Modern Market REALTORS®.

Showing — 702 Forest Avenue SE

Shannon Barnum

Associate Broker · Modern Market REALTORS®

Your Staples real estate expert since 2012 — I represent you, not the seller. Quick to respond, easy to text.

Listed by Edina Realty, Inc. · Shown by Modern Market REALTORS®

Schedule a Home Tour View Full Listing & Photos

MLS# 7136223 · Updated October 24, 2026

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Frequently Asked Questions About 702 Forest Avenue SE

Is $200,000 a good price for a home in Staples?
According to BuyPulse, 702 Forest Avenue SE rates Excellent Value — at $104/sqft it's priced 24% below the typical Staples single-family home of $137/sqft. Its negotiating-position score is 76/100 (Strong buyer leverage), weighed on days on market, comparable inventory, and how Staples homes are closing versus list. Powered by the Realgorithm™. Browse Staples homes for sale to compare.
Does 702 Forest Avenue SE have a basement?
Yes, 702 Forest Avenue SE has a basement with 813 sq ft of below-grade space.
What type of heating and cooling does 702 Forest Avenue SE have?
702 Forest Avenue SE has Forced Air heating and Central Air cooling.
Where is 702 Forest Avenue SE located?
702 Forest Avenue SE is in the Forest Park neighborhood of Staples, MN 56479, in Todd County.
Is 702 Forest Avenue SE still available?
Yes — 702 Forest Avenue SE is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
When was 702 Forest Avenue SE built?
702 Forest Avenue SE was built in 1955. It features a block foundation.
How many homes like 702 Forest Avenue SE are for sale in Staples?
9 similar homes (single-family homes between $150K and $250K in Staples) are for sale right now — a short list right now.
What does "M Markdowns" mean?
M Markdowns™ is Modern Market REALTORS®’ real estate tracker of homes for sale with verified MLS price reductions across the Fargo-Moorhead metro and Minnesota lake country. Every reduction is sourced directly from NorthstarMLS — minimum $2,000 drop to filter noise.
What does "BuyPulse" mean?
BuyPulse™ is Modern Market REALTORS®’ live market-data brand for Fargo-Moorhead: cohort statistics — homes for sale, median days to pending, and share of sales closing at or over list price — computed from real NorthstarMLS closings, not estimates.
What does "Realgorithm™" mean?
The Realgorithm™ is Modern Market REALTORS®’ proprietary market-data engine — it computes every BuyPulse verdict from real NorthstarMLS closings (comparable active inventory, median days to pending, and sale-to-list price ratio) rather than an automated online estimate.

Local Companies to Help You Settle In

From inspection to closing to moving day, here are well-known local companies serving the Staples area.

MLS GRID Listings courtesy of NorthstarMLS as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 10/27/2026, 2:19 PM CDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.