From July through September of 2020, there were 63 homes sold, with a median sale price of $299,000. There were 135 homes sold in Forest Lake in the third quarter of 2019, and the median sales price for the period was also $299,000.
The median sales tax in Forest Lake for the most recent year with available data, 2015, was $2,288, approximately 0.8% of the median home sale price for the third quarter of 2020.
The following table compares Forest Lake to other Washington County cities with similar median sales prices in the third quarter of 2020:
| City | July - Sept. 2020 Home Sales | July - Sept. 2019 Home Sales | % change (Total Home Sales) | July - Sept. 2020 Median Sales Price | July - Sept. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Marine on St. Croix | 1 | 4 | -75% | $374,605 | $600,000 | -37.6% |
| Stillwater | 67 | 150 | -55.3% | $370,000 | $347,450 | 6.5% |
| Scandia | 11 | 12 | -8.3% | $355,000 | $325,000 | 9.2% |
| Woodbury | 236 | 440 | -46.4% | $331,000 | $320,000 | 3.4% |
| Cottage Grove | 87 | 235 | -63% | $310,000 | $275,000 | 12.7% |
| Forest Lake | 63 | 135 | -53.3% | $299,000 | $299,000 | 0% |
| Oakdale | 84 | 190 | -55.8% | $274,500 | $235,000 | 16.8% |
| Lake St. Croix Beach | 5 | 8 | -37.5% | $271,000 | $254,000 | 6.7% |
| Newport | 7 | 26 | -73.1% | $248,000 | $233,000 | 6.4% |
| St. Paul Park | 11 | 27 | -59.3% | $241,500 | $218,400 | 10.6% |
| Hugo | 53 | 111 | -52.3% | $240,000 | $226,500 | 6% |
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