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Minnesota State Wire

Friday, September 12, 2025

Forest Lake home prices rise in June 2018

Realestate3

The median sale price of a home sold in June 2018 in Forest Lake rose by $15,000 while total sales increased by 5.9%, according to BlockShopper.com.

In June 2018, there were 54 homes sold, with a median sale price of $255,000 - a 6.3% increase over the $240,000 median sale price for the same period of the previous year. There were 51 homes sold in Forest Lake in June 2017.

The median sales tax in Forest Lake for the most recent year with available data, 2015, was $2,288, approximately 0.9% of the median home sale price for June 2018.

The following table compares Forest Lake to other Washington County cities with similar median sales prices in June 2018:

CityJune 2018 Home SalesJune 2017 Home Sales% change (Total Home Sales)June 2018 Median Sales PriceJune 2017 Median Sales Price% change (Median Sales Price)
Stillwater53498.2%$388,000$350,00010.9%
Birchwood Village30-$385,000$0-
Scandia8714.3%$376,500$112,500234.7%
Mahtomedi221546.7%$345,725$324,9006.4%
Woodbury166179-7.3%$331,950$310,3037%
Forest Lake54515.9%$255,000$240,0006.3%
Marine on St. Croix23-33.3%$253,643$206,00023.1%
Cottage Grove897321.9%$253,000$240,7505.1%
Bayport34-25%$240,000$254,000-5.5%
Willernie12-50%$231,700$173,95033.2%
Lakeland220%$230,500$246,250-6.4%