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Minnesota State Wire

Sunday, September 14, 2025

Rising home prices in Forest Lake in April 2021

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The median sale price of a home sold in April 2021 in Forest Lake rose by $18,500 while total sales decreased by 35.7%, according to BlockShopper.com.

In April 2021, there were 18 homes sold, with a median sale price of $277,500 - a 7.1% increase over the $259,000 median sale price for the same period of the previous year. There were 28 homes sold in Forest Lake in April 2020.

The median sales tax in Forest Lake for the most recent year with available data, 2020, was $3,130, approximately 1.1% of the median home sale price for April 2021.

The following table compares Forest Lake to other Washington County cities with similar median sale prices in April 2021:

CityApr. 2021 Home SalesApr. 2020 Home Sales% change (Total Home Sales)Apr. 2021 Median Sales PriceApr. 2020 Median Sales Price% change (Median Sales Price)
Woodbury66103-35.9%$375,000$374,0000.3%
Lakeland41300%$331,403$284,90016.3%
Stillwater2536-30.6%$330,000$403,800-18.3%
Cottage Grove3043-30.2%$328,000$284,00015.5%
Oakdale3138-18.4%$309,900$240,00029.1%
Oak Park Heights35-40%$301,000$254,00018.5%
Newport16-83.3%$290,000$232,50024.7%
Forest Lake1828-35.7%$277,500$259,0007.1%
Hugo1926-26.9%$266,000$307,500-13.5%
St. Paul Park6450%$224,950$260,000-13.5%
Willernie110%$132,500$425,000-68.8%

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