From January through December of 2021, there were 306 homes sold, with a median sale price of $308,000 - a 15.7% increase over the $266,250 median sale price for the previous year. There were 272 homes sold in Forest Lake in 2020.
The median sales tax in Forest Lake for the most recent year with available data, 2020, was $3,130, approximately 1% of the median home sale price for 2021.
The following table compares Forest Lake to other Washington County cities with similar median sale prices in 2021:
| City | Jan. - Dec. 2021 Home Sales | Jan. - Dec. 2020 Home Sales | % change (Total Home Sales) | Jan. - Dec. 2021 Median Sales Price | Jan. - Dec. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Woodbury | 1,214 | 990 | 22.6% | $376,500 | $339,900 | 10.8% |
| St. Marys Point | 5 | 3 | 66.7% | $345,000 | $450,000 | -23.3% |
| Bayport | 37 | 34 | 8.8% | $333,750 | $303,000 | 10.1% |
| Cottage Grove | 501 | 436 | 14.9% | $330,000 | $285,000 | 15.8% |
| Lakeland | 27 | 19 | 42.1% | $315,000 | $250,000 | 26% |
| Forest Lake | 306 | 272 | 12.5% | $308,000 | $266,250 | 15.7% |
| Lake St. Croix Beach | 17 | 10 | 70% | $298,000 | $265,000 | 12.5% |
| Oak Park Heights | 55 | 53 | 3.8% | $285,000 | $255,000 | 11.8% |
| Oakdale | 447 | 380 | 17.6% | $284,601 | $250,000 | 13.8% |
| Hugo | 274 | 251 | 9.2% | $275,500 | $241,000 | 14.3% |
| St. Paul Park | 90 | 69 | 30.4% | $267,950 | $241,500 | 11% |
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