In July 2019, there were 43 homes sold, with a median sale price of $320,000 - a 18.6% increase over the $269,900 median sale price for the same period of the previous year. There were 29 homes sold in Forest Lake in July 2018.
The median sales tax in Forest Lake for the most recent year with available data, 2015, was $2,288, approximately 0.7% of the median home sale price for July 2019.
The following table compares Forest Lake to other Washington County cities with similar median sales prices in July 2019:
| City | July 2019 Home Sales | July 2018 Home Sales | % change (Total Home Sales) | July 2019 Median Sales Price | July 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Mahtomedi | 13 | 14 | -7.1% | $425,000 | $313,600 | 35.5% |
| Scandia | 3 | 6 | -50% | $410,000 | $325,000 | 26.2% |
| Stillwater | 34 | 35 | -2.9% | $357,450 | $360,000 | -0.7% |
| Birchwood Village | 4 | 1 | 300% | $350,950 | $400,000 | -12.3% |
| Woodbury | 156 | 122 | 27.9% | $325,000 | $308,500 | 5.3% |
| Forest Lake | 43 | 29 | 48.3% | $320,000 | $269,900 | 18.6% |
| Cottage Grove | 67 | 40 | 67.5% | $289,000 | $244,500 | 18.2% |
| Bayport | 4 | 3 | 33.3% | $270,000 | $490,000 | -44.9% |
| Lakeland | 5 | 1 | 400% | $245,642 | $205,000 | 19.8% |
| Newport | 9 | 5 | 80% | $230,000 | $225,000 | 2.2% |
| St. Paul Park | 7 | 12 | -41.7% | $230,000 | $223,500 | 2.9% |
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