In May 2020, there were 14 homes sold, with a median sale price of $253,000 - a 22.4% decrease over the $326,200 median sale price for the same period of the previous year. There were 34 homes sold in Forest Lake in May 2019.
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 May 2020.
The following table compares Forest Lake to other Washington County cities with similar median sales prices in May 2020:
| City | May 2020 Home Sales | May 2019 Home Sales | % change (Total Home Sales) | May 2020 Median Sales Price | May 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Woodbury | 49 | 126 | -61.1% | $318,000 | $318,500 | -0.2% |
| Newport | 3 | 6 | -50% | $306,000 | $232,500 | 31.6% |
| Oakdale | 25 | 45 | -44.4% | $297,000 | $270,000 | 10% |
| Mahtomedi | 6 | 14 | -57.1% | $293,000 | $351,950 | -16.7% |
| Cottage Grove | 19 | 66 | -71.2% | $290,000 | $276,750 | 4.8% |
| Oak Park Heights | 2 | 9 | -77.8% | $282,450 | $225,000 | 25.5% |
| St. Paul Park | 5 | 8 | -37.5% | $280,000 | $232,500 | 20.4% |
| Bayport | 3 | 3 | 0% | $257,600 | $246,000 | 4.7% |
| Forest Lake | 14 | 34 | -58.8% | $253,000 | $326,200 | -22.4% |
| Hugo | 19 | 39 | -51.3% | $235,000 | $221,000 | 6.3% |
| Lake St. Croix Beach | 2 | 3 | -33.3% | $227,500 | $297,000 | -23.4% |
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