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Minnesota State Wire

Thursday, September 11, 2025

Forest Lake home prices fall in August 2018

Webp re 6

The median sale price of a home sold in August 2018 in Forest Lake fell by $9,750 while total sales increased by 27.8%, according to BlockShopper.com.

In August 2018, there were 46 homes sold, with a median sale price of $255,200 - a 3.7% decrease over the $264,950 median sale price for the same period of the previous year. There were 36 homes sold in Forest Lake in August 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 August 2018.

The following table compares Forest Lake to other Washington County cities with similar median sales prices in August 2018:

CityAug. 2018 Home SalesAug. 2017 Home Sales% change (Total Home Sales)Aug. 2018 Median Sales PriceAug. 2017 Median Sales Price% change (Median Sales Price)
Afton83166.7%$408,500$549,900-25.7%
Mahtomedi14955.6%$341,500$309,57510.3%
Stillwater684261.9%$303,750$357,762.50-15.1%
Woodbury16112627.8%$296,000$285,0003.9%
Willernie21100%$256,000$225,00013.8%
Forest Lake463627.8%$255,200$264,950-3.7%
Cottage Grove874497.7%$252,000$244,9002.9%
Lake St. Croix Beach440%$250,575$179,75039.4%
Lakeland12-50%$250,000$322,000-22.4%
Scandia67-14.3%$243,900$285,000-14.4%
Bayport7540%$240,000$225,0006.7%