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Sunday, September 29, 2024

Vadnais Heights home prices rise in 2018

Re 12

The median sale price of a home sold in 2018 in Vadnais Heights rose by $22,500 while total sales decreased by 4.2%, according to BlockShopper.com.

From January through December of 2018, there were 159 homes sold, with a median sale price of $246,000 - a 10.1% increase over the $223,500 median sale price for the previous year. There were 166 homes sold in Vadnais Heights in 2017.

The median sales tax in Vadnais Heights for 2018 was $2,932. In 2017, the median sales tax was $2,806. This marks an increase of 4.5%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.2%.

The following table compares Vadnais Heights 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)
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%
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%

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