From October through December of 2019, there were nine homes sold, with a median sale price of $610,000. There were 11 homes sold in North Oaks in the fourth quarter of 2018, and the median sales price for the period was also $610,000.
The median sales tax in North Oaks for 2019 was $6,925. In 2018, the median sales tax was $6,837. This marks an increase of 1.3%. 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 fourth quarter of 2019:
| City | Oct. - Dec. 2019 Home Sales | Oct. - Dec. 2018 Home Sales | % change (Total Home Sales) | Oct. - Dec. 2019 Median Sales Price | Oct. - Dec. 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| North Oaks | 9 | 11 | -18.2% | $610,000 | $610,000 | 0% |
| Gem Lake | 1 | 4 | -75% | $387,777 | $141,500 | 174% |
| Arden Hills | 18 | 25 | -28% | $357,400 | $383,500 | -6.8% |
| Falcon Heights | 5 | 17 | -70.6% | $329,500 | $294,000 | 12.1% |
| White Bear Township | 30 | 30 | 0% | $314,850 | $275,000 | 14.5% |
| Little Canada | 17 | 27 | -37% | $292,500 | $262,000 | 11.6% |
| Shoreview | 68 | 61 | 11.5% | $284,250 | $269,900 | 5.3% |
| New Brighton | 50 | 57 | -12.3% | $280,000 | $239,500 | 16.9% |
| Vadnais Heights | 22 | 32 | -31.3% | $269,950 | $157,625 | 71.3% |
| Bellaire | 3 | 1 | 200% | $262,000 | $284,000 | -7.7% |
| Roseville | 94 | 116 | -19% | $255,875 | $257,177 | -0.5% |
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