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North Ramsey News

Sunday, September 29, 2024

Lauderdale home prices rise in the second half of 2018

Realestate4

The median sale price of a home sold in the second half of 2018 in Lauderdale rose by $1,250 while total sales decreased by 5.9%, according to BlockShopper.com.

From July through December of 2018, there were 16 homes sold, with a median sale price of $206,250 - a 0.6% increase over the $205,000 median sale price for the same period of the previous year. There were 17 homes sold in Lauderdale in the second half of 2017.

The median sales tax in Lauderdale for 2018 was $2,520. In 2017, the median sales tax was $2,129. This marks an increase of 18.4%. 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 Lauderdale to other Ramsey County cities with similar median sales prices in the second half of 2018:

CityJuly - Dec. 2018 Home SalesJuly - Dec. 2017 Home Sales% change (Total Home Sales)July - Dec. 2018 Median Sales PriceJuly - Dec. 2017 Median Sales Price% change (Median Sales Price)
Roseville22318719.3%$255,000$250,0002%
Vadnais Heights918211%$252,500$225,25012.1%
Mounds View715139.2%$245,000$210,00016.7%
Maplewood2382332.1%$242,000$220,00010%
White Bear Lake18315121.2%$241,250$227,5006%
Little Canada66643.1%$240,000$222,5007.9%
North St. Paul1017632.9%$221,520$198,75011.5%
Lauderdale1617-5.9%$206,250$205,0000.6%
St. Paul2,2371,68332.9%$203,000$185,0009.7%
Gem Lake63100%$162,500$222,000-26.8%
St. Anthony251747.1%$140,000$179,900-22.2%

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