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Minnesota State Wire

Thursday, September 11, 2025

Forest Lake home prices rise in 2017

Re 9

The median sale price of a home sold in 2017 in Forest Lake rose by $20,000 while total sales decreased by 5.1%, according to BlockShopper.com.

From January through December of 2017, there were 356 homes sold, with a median sale price of $235,000 - a 9.3% increase over the $215,000 median sale price for the previous year. There were 375 homes sold in Forest Lake in 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 2017.

The following table compares Forest Lake to other Washington County cities with similar median sales prices in 2017:

CityJan. - Dec. 2017 Home SalesJan. - Dec. 2016 Home Sales% change (Total Home Sales)Jan. - Dec. 2017 Median Sales PriceJan. - Dec. 2016 Median Sales Price% change (Median Sales Price)
Lakeland382552%$276,500$244,89812.9%
Bayport42420%$260,000$222,45016.9%
St. Marys Point57-28.6%$255,000$255,0000%
Marine on St. Croix1418-22.2%$253,000$243,5003.9%
Cottage Grove595639-6.9%$239,000$230,5003.7%
Forest Lake356375-5.1%$235,000$215,0009.3%
Oak Park Heights78771.3%$230,567.37$205,00012.5%
Willernie1416-12.5%$217,500$164,00032.6%
Oakdale481557-13.6%$208,650$207,5000.6%
Hugo3673427.3%$194,000$189,0002.6%
St. Paul Park8096-16.7%$191,850$177,7507.9%

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