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Minnesota State Wire

Wednesday, November 6, 2024

Forest Lake home prices rise in November 2019

Realestate2

The median sale price of a home sold in November 2019 in Forest Lake rose by $57,000 while total sales decreased by 34.6%, according to BlockShopper.com.

In November 2019, there were 17 homes sold, with a median sale price of $257,000 - a 28.5% increase over the $200,000 median sale price for the same period of the previous year. There were 26 homes sold in Forest Lake in November 2018.

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 November 2019.

The following table compares Forest Lake to other Washington County cities with similar median sales prices in November 2019:

CityNov. 2019 Home SalesNov. 2018 Home Sales% change (Total Home Sales)Nov. 2019 Median Sales PriceNov. 2018 Median Sales Price% change (Median Sales Price)
Mahtomedi1013-23.1%$354,450$345,0002.7%
Lake St. Croix Beach12-50%$325,000$160,640102.3%
Woodbury72122-41%$312,500$281,50011%
Newport110-90%$300,000$208,85043.6%
Cottage Grove3655-34.5%$260,000$233,00011.6%
Forest Lake1726-34.6%$257,000$200,00028.5%
Hugo1835-48.6%$249,650$212,50017.5%
Bayport35-40%$240,000$340,000-29.4%
Oakdale3250-36%$230,000$205,62511.9%
St. Paul Park7540%$210,000$157,00133.8%
Oak Park Heights25-60%$204,000$195,0004.6%

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