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North Ramsey News

Sunday, September 29, 2024

Shoreview home prices rise in 2018

Re 12

The median sale price of a home sold in 2018 in Shoreview rose by $39,950 while total sales decreased by 30.1%, according to BlockShopper.com.

From January through December of 2018, there were 272 homes sold, with a median sale price of $289,950 - a 16% increase over the $250,000 median sale price for the previous year. There were 389 homes sold in Shoreview in 2017.

The median sales tax in Shoreview for 2018 was $3,962. In 2017, the median sales tax was $3,616. This marks an increase of 9.6%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.4%.

The following table compares Shoreview 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)
North Oaks5865-10.8%$615,000$600,0002.5%
Arden Hills9397-4.1%$400,000$270,00048.1%
White Bear Beach52150%$375,000$377,450-0.6%
Falcon Heights58563.6%$296,000$269,9509.6%
Shoreview272389-30.1%$289,950$250,00016%
Bellaire8714.3%$282,000$278,0001.4%
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%

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