LEGO Forest Elf 71032-8
LEGO Forest Elf (71032-8) is estimated at about $8 sealed as of Sep 2026 (retail $5). Retired 2022 · 9 pieces · 2022 Collectable Minifigures.
- Set number
- 71032-8
- Theme
- Collectable Minifigures
- Subtheme
- Series 22
- Year
- 2022
- Pieces
- 9
- Minifigures
- 1
- RRP
- $5
- Market value
- $8 (Estimate, Sep 2026)
- Released
- 2022
- Retirement
- Retired in 2022
Minifigures in LEGO Forest Elf
Forest Elf value by year
From $7 in 2022 to $8 (Estimate, Sep 2026): +14%. Its highest year was 2026, at $7.
| Year | Value | Change |
|---|---|---|
| Estimate, Sep 2026 | $8 | +31.5% |
| 2026 (so far) | $7 | +17.3% |
| 2025 | $6 | +15.0% |
| 2024 | $5 | −5.4% |
| 2023 | $6 | −20.3% |
| 2022 | $7 | — |
Median of each year's market prices, sealed, in US dollars.
What you are paying for
Its 1 priced minifigure is worth about $5 together, roughly 61% of the set's value — about typical for Collectable Minifigures sets (typically 74%).
Frequently asked questions
How much is LEGO Forest Elf (71032-8) worth?
LEGO Forest Elf is worth approximately $8 on the secondary market today, based on current listings and completed sales. BrickStats updates this value daily.
Is LEGO Forest Elf retired?
Yes — Forest Elf (71032-8) has been retired by LEGO and is no longer in production. Retired sets have fixed supply, which is why their prices are driven purely by the resale market.
Has LEGO Forest Elf gone up in value?
Yes. Forest Elf launched at $5 and now trades around $8, an increase of 59.9%. See the price history chart for how it got there.
What is the price per piece for Forest Elf?
At its $5 retail price across 9 pieces, Forest Elf works out to about $0.554 per piece. Collectors often use price per piece to judge whether a set is good value.
Is LEGO Forest Elf a good investment?
Forest Elf currently trades 59.9% above its $5 retail price, and it is retired, so no new supply is entering the market. Past performance is not a prediction — condition, packaging and how long you hold all affect what a set actually sells for. BrickStats reports the numbers rather than giving investment advice.
Why is LEGO Forest Elf so expensive?
Forest Elf was released in 2022 and has since retired. Once LEGO stops producing a set, the only supply is what is already in circulation, so sealed copies in good condition compete for a shrinking pool of stock. That scarcity, not the parts, is what moves the price.