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From July through September of 2018, there were 118 homes sold, with a median sale price of $250,000 - a 7.5% increase over the $232,500 median sale price for the same period of the previous year. There were 101 homes sold in Forest Lake in the third quarter of 2017.
The median sales tax in Forest Lake for the most recent year with available data, 2015, was $2,288, approximately 0.9% of the median home sale price for the third quarter of 2018.
The following table compares Forest Lake to other Washington County cities with similar median sales prices in the third quarter of 2018:
| City | July - Sept. 2018 Home Sales | July - Sept. 2017 Home Sales | % change (Total Home Sales) | July - Sept. 2018 Median Sales Price | July - Sept. 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Hastings | 2 | 9 | -77.8% | $317,500 | $449,000 | -29.3% |
| Bayport | 13 | 16 | -18.8% | $315,000 | $237,450 | 32.7% |
| Woodbury | 424 | 368 | 15.2% | $300,000 | $289,950 | 3.5% |
| Scandia | 23 | 20 | 15% | $266,000 | $387,500 | -31.4% |
| Cottage Grove | 211 | 168 | 25.6% | $255,000 | $240,000 | 6.3% |
| Forest Lake | 118 | 101 | 16.8% | $250,000 | $232,500 | 7.5% |
| Lake St. Croix Beach | 7 | 7 | 0% | $237,000 | $250,000 | -5.2% |
| Willernie | 7 | 3 | 133.3% | $235,900 | $225,000 | 4.8% |
| Oak Park Heights | 20 | 21 | -4.8% | $232,500 | $240,000 | -3.1% |
| Lakeland | 8 | 10 | -20% | $230,972.50 | $281,000 | -17.8% |
| Oakdale | 167 | 146 | 14.4% | $230,000 | $215,250 | 6.9% |
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