In May 2021, there were 13 homes sold, with a median sale price of $341,000 - a 33.5% increase over the $255,500 median sale price for the same period of the previous year. There were 22 homes sold in Forest Lake in May 2020.
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 May 2021.
The following table compares Forest Lake to other Washington County cities with similar median sale prices in May 2021:
| City | May 2021 Home Sales | May 2020 Home Sales | % change (Total Home Sales) | May 2021 Median Sales Price | May 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Mahtomedi | 9 | 11 | -18.2% | $500,000 | $315,000 | 58.7% |
| Marine on St. Croix | 1 | 1 | 0% | $490,000 | $420,000 | 16.7% |
| Stillwater | 22 | 37 | -40.5% | $417,500 | $355,000 | 17.6% |
| Woodbury | 87 | 85 | 2.4% | $370,000 | $292,500 | 26.5% |
| Bayport | 1 | 7 | -85.7% | $350,000 | $243,350 | 43.8% |
| Forest Lake | 13 | 22 | -40.9% | $341,000 | $255,500 | 33.5% |
| St. Paul Park | 3 | 9 | -66.7% | $338,000 | $280,000 | 20.7% |
| Cottage Grove | 21 | 35 | -40% | $315,000 | $299,000 | 5.4% |
| Willernie | 3 | 0 | - | $307,790 | $0 | - |
| Oakdale | 20 | 40 | -50% | $306,700 | $295,000 | 4% |
| Oak Park Heights | 6 | 2 | 200% | $264,000 | $282,450 | -6.5% |
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