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Sunday, November 24, 2024

Arden Hills 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 Arden Hills rose by $132,500 while total sales increased by 3.7%, according to BlockShopper.com.

From July through December of 2018, there were 56 homes sold, with a median sale price of $397,500 - a 50% increase over the $265,000 median sale price for the same period of the previous year. There were 54 homes sold in Arden Hills in the second half of 2017.

The median sales tax in Arden Hills for 2018 was $4,169. In 2017, the median sales tax was $3,856. This marks an increase of 8.1%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1%.

The following table compares Arden Hills 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)
North Oaks2833-15.2%$595,000$607,500-2.1%
Arden Hills56543.7%$397,500$265,00050%
White Bear Beach41300%$382,000$399,900-4.5%
Falcon Heights392556%$298,000$269,90010.4%
White Bear Township77770%$280,000$264,9005.7%
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%

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