From October through December of 2018, there were nine homes sold, with a median sale price of $209,000 - a 10% increase over the $190,000 median sale price for the same period of the previous year. There were eight homes sold in Lauderdale in the fourth quarter 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 fourth quarter of 2018:
City | Oct. - Dec. 2018 Home Sales | Oct. - Dec. 2017 Home Sales | % change (Total Home Sales) | Oct. - Dec. 2018 Median Sales Price | Oct. - Dec. 2017 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Roseville | 116 | 89 | 30.3% | $257,177 | $245,000 | 5% |
White Bear Lake | 66 | 68 | -2.9% | $256,040 | $229,950 | 11.3% |
New Brighton | 57 | 69 | -17.4% | $239,500 | $235,000 | 1.9% |
Maplewood | 101 | 107 | -5.6% | $237,500 | $212,000 | 12% |
Mounds View | 28 | 20 | 40% | $232,500 | $235,000 | -1.1% |
Lauderdale | 9 | 8 | 12.5% | $209,000 | $190,000 | 10% |
North St. Paul | 40 | 33 | 21.2% | $208,250 | $199,000 | 4.6% |
St. Paul | 1,007 | 762 | 32.2% | $194,900 | $180,000 | 8.3% |
Vadnais Heights | 32 | 38 | -15.8% | $157,625 | $207,450 | -24% |
Gem Lake | 4 | 1 | 300% | $141,500 | $895,000 | -84.2% |
St. Anthony | 14 | 10 | 40% | $133,850 | $173,500 | -22.9% |