In May 2017, there were 41 homes sold, with a median sale price of $250,000 - a 11% increase over the $225,250 median sale price for the same period of the previous year. There were 45 homes sold in Forest Lake in May 2016.
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 May 2017.
The following table compares Forest Lake to other Washington County cities with similar median sales prices in May 2017:
| City | May 2017 Home Sales | May 2016 Home Sales | % change (Total Home Sales) | May 2017 Median Sales Price | May 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Scandia | 2 | 6 | -66.7% | $422,000 | $305,250 | 38.2% |
| Lake Elmo | 17 | 8 | 112.5% | $360,000 | $342,500 | 5.1% |
| Stillwater | 62 | 53 | 17% | $311,000 | $301,500 | 3.2% |
| Mahtomedi | 11 | 11 | 0% | $289,000 | $256,000 | 12.9% |
| Woodbury | 167 | 147 | 13.6% | $280,000 | $286,000 | -2.1% |
| Forest Lake | 41 | 45 | -8.9% | $250,000 | $225,250 | 11% |
| Lakeland | 3 | 1 | 200% | $249,000 | $247,000 | 0.8% |
| Newport | 5 | 6 | -16.7% | $235,700 | $204,950 | 15% |
| Oak Park Heights | 8 | 5 | 60% | $235,500 | $260,000 | -9.4% |
| Cottage Grove | 73 | 70 | 4.3% | $235,000 | $218,000 | 7.8% |
| St. Marys Point | 1 | 2 | -50% | $225,000 | $376,794 | -40.3% |
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