The median sale price of a home sold in January 2021 in Forest Lake rose by $36,000 while total sales decreased by 26.7%, according to BlockShopper.com.
In January 2021, there were 11 homes sold, with a median sale price of $276,000 - a 15% increase over the $240,000 median sale price for the same period of the previous year. There were 15 homes sold in Forest Lake in January 2020.
The median sales tax in Forest Lake for the most recent year with available data, 2020, was $3,130, approximately 1.1% of the median home sale price for January 2021.
The following table compares Forest Lake to other Washington County cities with similar median sale prices in January 2021:
| City | Jan. 2021 Home Sales | Jan. 2020 Home Sales | % change (Total Home Sales) | Jan. 2021 Median Sales Price | Jan. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Woodbury | 38 | 47 | -19.1% | $345,500 | $319,000 | 8.3% |
| Cottage Grove | 24 | 21 | 14.3% | $309,500 | $268,000 | 15.5% |
| Mahtomedi | 1 | 3 | -66.7% | $303,000 | $380,000 | -20.3% |
| Oakdale | 16 | 21 | -23.8% | $278,194 | $212,000 | 31.2% |
| Bayport | 3 | 0 | - | $277,500 | $0 | - |
| Forest Lake | 11 | 15 | -26.7% | $276,000 | $240,000 | 15% |
| Lakeland | 1 | 1 | 0% | $270,000 | $161,000 | 67.7% |
| Newport | 5 | 2 | 150% | $255,000 | $192,500 | 32.5% |
| St. Paul Park | 3 | 4 | -25% | $252,000 | $138,750 | 81.6% |
| Hugo | 8 | 15 | -46.7% | $247,200 | $282,500 | -12.5% |
| Willernie | 2 | 0 | - | $233,500 | $0 | - |
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