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Sunday, November 24, 2024

Mounds View home prices rise in the second half of 2018

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The median sale price of a home sold in the second half of 2018 in Mounds View rose by $35,000 while total sales increased by 39.2%, according to BlockShopper.com.

From July through December of 2018, there were 71 homes sold, with a median sale price of $245,000 - a 16.7% increase over the $210,000 median sale price for the same period of the previous year. There were 51 homes sold in Mounds View in the second half of 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 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)
Shoreview142196-27.6%$279,950$260,0007.7%
Bellaire6450%$277,500$254,0009.3%
New Brighton128131-2.3%$266,000$242,3509.8%
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%

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