In August 2021, there were 17 homes sold, with a median sale price of $428,890 - a 53.2% increase over the $280,000 median sale price for the same period of the previous year. There were 21 homes sold in Forest Lake in August 2020.
The median sales tax in Forest Lake for the most recent year with available data, 2020, was $3,130, approximately 0.7% of the median home sale price for August 2021.
The following table compares Forest Lake to other Washington County cities with similar median sale prices in August 2021:
| City | Aug. 2021 Home Sales | Aug. 2020 Home Sales | % change (Total Home Sales) | Aug. 2021 Median Sales Price | Aug. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Marine on St. Croix | 1 | 1 | 0% | $625,000 | $374,605 | 66.8% |
| Lake Elmo | 5 | 8 | -37.5% | $553,500 | $525,450 | 5.3% |
| Mahtomedi | 6 | 6 | 0% | $537,500 | $434,000 | 23.8% |
| Afton | 4 | 5 | -20% | $499,950 | $509,000 | -1.8% |
| Stillwater | 23 | 21 | 9.5% | $498,000 | $460,000 | 8.3% |
| Forest Lake | 17 | 21 | -19% | $428,890 | $280,000 | 53.2% |
| Woodbury | 71 | 83 | -14.5% | $401,400 | $347,500 | 15.5% |
| Lakeland | 1 | 2 | -50% | $368,500 | $212,250 | 73.6% |
| Cottage Grove | 33 | 25 | 32% | $345,000 | $310,000 | 11.3% |
| Oak Park Heights | 1 | 3 | -66.7% | $291,000 | $273,600 | 6.4% |
| Oakdale | 24 | 28 | -14.3% | $276,650.50 | $283,000 | -2.2% |
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