The median sale price of a home sold in April 2017 in Forest Lake rose by $15,381 while total sales decreased by 17.1%, according to BlockShopper.com.
In April 2017, there were 29 homes sold, with a median sale price of $231,000 – a 7.1% increase over the $215,619 median sale price for the same period of the previous year. There were 35 homes sold in Forest Lake in April 2016.
The median sales tax in Forest Lake for the most recent year with available data, 2015, was $2,288, approximately 1% of the median home sale price for April 2017.
The following table compares Forest Lake to other Washington County cities with similar median sales prices in April 2017:
| City | Apr. 2017 Home Sales | Apr. 2016 Home Sales | % change (Total Home Sales) | Apr. 2017 Median Sales Price | Apr. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Bayport | 2 | 5 | -60% | $313,750 | $300,000 | 4.6% |
| Mahtomedi | 10 | 19 | -47.4% | $267,450 | $325,000 | -17.7% |
| Cottage Grove | 55 | 69 | -20.3% | $259,900 | $237,800 | 9.3% |
| Oak Park Heights | 3 | 6 | -50% | $251,500 | $229,500 | 9.6% |
| Woodbury | 92 | 140 | -34.3% | $240,000 | $275,000 | -12.7% |
| Forest Lake | 29 | 35 | -17.1% | $231,000 | $215,619 | 7.1% |
| Oakdale | 37 | 45 | -17.8% | $205,000 | $197,200 | 4% |
| Newport | 5 | 5 | 0% | $202,000 | $125,000 | 61.6% |
| Hugo | 30 | 31 | -3.2% | $183,657.50 | $175,000 | 4.9% |
| St. Paul Park | 10 | 6 | 66.7% | $176,985 | $170,000 | 4.1% |
| Lake St. Croix Beach | 3 | 3 | 0% | $165,600 | $179,000 | -7.5% |
