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Sunday, September 29, 2024

North Oaks home prices rise in the fourth quarter of 2018

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The median sale price of a home sold in the fourth quarter of 2018 in North Oaks rose by $2,500 while total sales decreased by 47.6%, according to BlockShopper.com.

From October through December of 2018, there were 11 homes sold, with a median sale price of $610,000 - a 0.4% increase over the $607,500 median sale price for the same period of the previous year. There were 21 homes sold in North Oaks in the fourth quarter 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 fourth quarter of 2018:

CityOct. - Dec. 2018 Home SalesOct. - Dec. 2017 Home Sales% change (Total Home Sales)Oct. - Dec. 2018 Median Sales PriceOct. - Dec. 2017 Median Sales Price% change (Median Sales Price)
North Oaks1121-47.6%$610,000$607,5000.4%
White Bear Beach10-$410,000$0-
Arden Hills252025%$383,500$272,50040.7%
Falcon Heights171421.4%$294,000$251,75016.8%
Bellaire110%$284,000$299,900-5.3%
White Bear Township3033-9.1%$275,000$261,0005.4%
Shoreview6193-34.4%$269,900$260,0003.8%
Little Canada2737-27%$262,000$198,50032%
Roseville1168930.3%$257,177$245,0005%
White Bear Lake6668-2.9%$256,040$229,95011.3%
New Brighton5769-17.4%$239,500$235,0001.9%

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