In August 2020, there were 16 homes sold, with a median sale price of $276,500 - a 6% decrease over the $294,250 median sale price for the same period of the previous year. There were 50 homes sold in Forest Lake in August 2019.
The median sales tax in Forest Lake for the most recent year with available data, 2015, was $2,288, approximately 0.8% of the median home sale price for August 2020.
The following table compares Forest Lake to other Washington County cities with similar median sales prices in August 2020:
| City | Aug. 2020 Home Sales | Aug. 2019 Home Sales | % change (Total Home Sales) | Aug. 2020 Median Sales Price | Aug. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Marine on St. Croix | 1 | 2 | -50% | $374,605 | $623,000 | -39.9% |
| Birchwood Village | 1 | 3 | -66.7% | $350,000 | $389,900 | -10.2% |
| Woodbury | 59 | 160 | -63.1% | $349,900 | $315,950 | 10.7% |
| Oak Park Heights | 2 | 8 | -75% | $318,750 | $256,250 | 24.4% |
| Cottage Grove | 22 | 100 | -78% | $310,000 | $270,950 | 14.4% |
| Scandia | 4 | 3 | 33.3% | $287,500 | $250,000 | 15% |
| Oakdale | 24 | 72 | -66.7% | $283,000 | $244,562.50 | 15.7% |
| Forest Lake | 16 | 50 | -68% | $276,500 | $294,250 | -6% |
| Lake St. Croix Beach | 1 | 2 | -50% | $271,000 | $346,250 | -21.7% |
| Hugo | 12 | 42 | -71.4% | $264,000 | $230,750 | 14.4% |
| St. Paul Park | 1 | 8 | -87.5% | $180,000 | $205,000 | -12.2% |
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