In July 2017, there were 37 homes sold, with a median sale price of $224,000 - a 6.6% decrease over the $239,950 median sale price for the same period of the previous year. There were 36 homes sold in Forest Lake in July 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 July 2017.
The following table compares Forest Lake to other Washington County cities with similar median sales prices in July 2017:
| City | July 2017 Home Sales | July 2016 Home Sales | % change (Total Home Sales) | July 2017 Median Sales Price | July 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Oak Park Heights | 5 | 12 | -58.3% | $254,000 | $240,000 | 5.8% |
| Newport | 3 | 9 | -66.7% | $243,000 | $192,500 | 26.2% |
| Cottage Grove | 54 | 75 | -28% | $239,000 | $240,000 | -0.4% |
| Lakeland | 4 | 4 | 0% | $234,000 | $225,250 | 3.9% |
| Marine on St. Croix | 2 | 1 | 100% | $230,000 | $417,000 | -44.8% |
| Forest Lake | 37 | 36 | 2.8% | $224,000 | $239,950 | -6.6% |
| Oakdale | 48 | 61 | -21.3% | $219,450 | $215,000 | 2.1% |
| St. Paul Park | 6 | 11 | -45.5% | $211,000 | $198,000 | 6.6% |
| Bayport | 5 | 4 | 25% | $200,000 | $197,000 | 1.5% |
| Hugo | 46 | 38 | 21.1% | $186,000 | $241,750 | -23.1% |
| Willernie | 1 | 0 | - | $51,000 | $0 | - |
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