From July through December of 2018, there were 28 homes sold, with a median sale price of $595,000 - a 2.1% decrease over the $607,500 median sale price for the same period of the previous year. There were 33 homes sold in North Oaks in the second half of 2017.
The median sales tax in North Oaks for 2018 was $6,837. In 2017, the median sales tax was $6,843. This marks an decrease of 0.1%. 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 North Oaks to other Ramsey County cities with similar median sales prices in the second half of 2018:
| City | July - Dec. 2018 Home Sales | July - Dec. 2017 Home Sales | % change (Total Home Sales) | July - Dec. 2018 Median Sales Price | July - Dec. 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| North Oaks | 28 | 33 | -15.2% | $595,000 | $607,500 | -2.1% |
| Arden Hills | 56 | 54 | 3.7% | $397,500 | $265,000 | 50% |
| White Bear Beach | 4 | 1 | 300% | $382,000 | $399,900 | -4.5% |
| Falcon Heights | 39 | 25 | 56% | $298,000 | $269,900 | 10.4% |
| White Bear Township | 77 | 77 | 0% | $280,000 | $264,900 | 5.7% |
| Shoreview | 142 | 196 | -27.6% | $279,950 | $260,000 | 7.7% |
| Bellaire | 6 | 4 | 50% | $277,500 | $254,000 | 9.3% |
| New Brighton | 128 | 131 | -2.3% | $266,000 | $242,350 | 9.8% |
| Roseville | 223 | 187 | 19.3% | $255,000 | $250,000 | 2% |
| Vadnais Heights | 91 | 82 | 11% | $252,500 | $225,250 | 12.1% |
| Mounds View | 71 | 51 | 39.2% | $245,000 | $210,000 | 16.7% |
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