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Minnesota State Wire

Wednesday, November 6, 2024

September 2021: Home prices in Forest Lake increased

Realestate5

The median sale price of a home sold in September 2021 in Forest Lake rose by $27,549 while total sales remained unchanged with 20 homes sold, according to BlockShopper.com.

In September 2021, there were 20 homes sold, with a median sale price of $354,299 - a 8.4% increase over the $326,750 median sale price for the same period of the previous year. There were 20 homes sold in Forest Lake in September 2020, as well.

The median sales tax in Forest Lake for the most recent year with available data, 2020, was $3,130, approximately 0.9% of the median home sale price for September 2021.

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

CitySept. 2021 Home SalesSept. 2020 Home Sales% change (Total Home Sales)Sept. 2021 Median Sales PriceSept. 2020 Median Sales Price% change (Median Sales Price)
St. Marys Point10-$415,000$0-
Lake St. Croix Beach21100%$392,500$175,000124.3%
Woodbury968020%$387,463.36$341,00013.6%
Lakeland110%$371,500$370,0000.4%
Birchwood Village21100%$368,500$390,000-5.5%
Forest Lake20200%$354,298.52$326,7508.4%
Cottage Grove523262.5%$352,500$304,30015.8%
Bayport14-75%$335,000$578,747.50-42.1%
Marine on St. Croix10-$325,000$0-
Oak Park Heights45-20%$325,000$235,00038.3%
Oakdale363212.5%$303,125$257,50017.7%

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