From April through June of 2018, there were 102 homes sold, with a median sale price of $242,500 - a 1% decrease over the $245,000 median sale price for the same period of the previous year. There were 121 homes sold in Forest Lake in the second quarter of 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 the second quarter of 2018.
The following table compares Forest Lake to other Washington County cities with similar median sales prices in the second quarter of 2018:
| City | Apr. - June 2018 Home Sales | Apr. - June 2017 Home Sales | % change (Total Home Sales) | Apr. - June 2018 Median Sales Price | Apr. - June 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Lakeland | 6 | 10 | -40% | $270,500 | $264,500 | 2.3% |
| Bayport | 12 | 9 | 33.3% | $255,000 | $287,500 | -11.3% |
| Cottage Grove | 194 | 201 | -3.5% | $255,000 | $244,000 | 4.5% |
| Marine on St. Croix | 2 | 5 | -60% | $253,643 | $206,000 | 23.1% |
| Newport | 19 | 17 | 11.8% | $250,000 | $189,900 | 31.6% |
| Forest Lake | 102 | 121 | -15.7% | $242,500 | $245,000 | -1% |
| Lake St. Croix Beach | 3 | 7 | -57.1% | $235,150 | $165,600 | 42% |
| Oak Park Heights | 26 | 14 | 85.7% | $227,500 | $215,000 | 5.8% |
| Oakdale | 143 | 144 | -0.7% | $217,000 | $205,575 | 5.6% |
| Hugo | 108 | 142 | -23.9% | $212,500 | $189,925 | 11.9% |
| St. Paul Park | 33 | 25 | 32% | $205,000 | $182,500 | 12.3% |
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