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Sunday, September 29, 2024

Mounds View home prices rise in 2018

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The median sale price of a home sold in 2018 in Mounds View rose by $31,000 while total sales increased by 8.9%, according to BlockShopper.com.

From January through December of 2018, there were 110 homes sold, with a median sale price of $241,000 - a 14.8% increase over the $210,000 median sale price for the previous year. There were 101 homes sold in Mounds View in 2017.

The median sales tax in Mounds View for 2018 was $2,610. In 2017, the median sales tax was $2,408. This marks an increase of 8.4%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.1%.

The following table compares Mounds View to other Ramsey County cities with similar median sales prices in 2018:

CityJan. - Dec. 2018 Home SalesJan. - Dec. 2017 Home Sales% change (Total Home Sales)Jan. - Dec. 2018 Median Sales PriceJan. - Dec. 2017 Median Sales Price% change (Median Sales Price)
White Bear Township113157-28%$275,000$264,9003.8%
New Brighton235264-11%$261,000$241,9007.9%
Roseville4093797.9%$256,000$236,5008.2%
Vadnais Heights159166-4.2%$246,000$223,50010.1%
White Bear Lake33629015.9%$242,500$225,0007.8%
Mounds View1101018.9%$241,000$210,00014.8%
Maplewood409468-12.6%$237,500$216,2509.8%
Little Canada111117-5.1%$237,000$199,90018.6%
Gem Lake124200%$225,500$241,000-6.4%
North St. Paul1881738.7%$219,508.50$200,0009.8%
Lauderdale302711.1%$209,750$187,50011.9%

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