In March 2021, there were 30 homes sold, with a median sale price of $245,000 - a 8% decrease over the $266,250 median sale price for the same period of the previous year. There were 28 homes sold in Forest Lake in March 2020.
The median sales tax in Forest Lake for the most recent year with available data, 2020, was $3,130, approximately 1.3% of the median home sale price for March 2021.
The following table compares Forest Lake to other Washington County cities with similar median sale prices in March 2021:
| City | Mar. 2021 Home Sales | Mar. 2020 Home Sales | % change (Total Home Sales) | Mar. 2021 Median Sales Price | Mar. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Woodbury | 67 | 82 | -18.3% | $350,000 | $333,100 | 5.1% |
| Newport | 2 | 4 | -50% | $323,750 | $257,500 | 25.7% |
| Lakeland | 3 | 3 | 0% | $319,900 | $315,000 | 1.6% |
| Scandia | 3 | 3 | 0% | $317,000 | $430,000 | -26.3% |
| Mahtomedi | 4 | 10 | -60% | $314,000 | $383,750 | -18.2% |
| Cottage Grove | 27 | 39 | -30.8% | $300,000 | $268,000 | 11.9% |
| Oakdale | 29 | 34 | -14.7% | $295,000 | $244,500 | 20.7% |
| Oak Park Heights | 3 | 5 | -40% | $285,000 | $249,000 | 14.5% |
| Hugo | 24 | 30 | -20% | $282,888.50 | $312,500 | -9.5% |
| St. Paul Park | 6 | 8 | -25% | $258,500 | $234,888.50 | 10.1% |
| Forest Lake | 30 | 28 | 7.1% | $245,000 | $266,250 | -8% |
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