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Sunday, September 29, 2024

North Oaks home prices fall in January 2019

Re 13

The median sale price of a home sold in January 2019 in North Oaks fell by $169,000 while total sales decreased by 71.4%, according to BlockShopper.com.

In January 2019, there were two homes sold, with a median sale price of $656,000 - a 20.5% decrease over the $825,000 median sale price for the same period of the previous year. There were seven homes sold in North Oaks in January 2018.

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 January 2019:

CityJan. 2019 Home SalesJan. 2018 Home Sales% change (Total Home Sales)Jan. 2019 Median Sales PriceJan. 2018 Median Sales Price% change (Median Sales Price)
North Oaks27-71.4%$656,000$825,000-20.5%
Shoreview22214.8%$326,000$245,00033.1%
Falcon Heights15-80%$293,000$260,00012.7%
Little Canada115120%$275,000$192,95042.5%
New Brighton815-46.7%$270,950$250,0008.4%
Bellaire10-$270,000$0-
North St. Paul56-16.7%$270,000$156,36072.7%
Vadnais Heights57-28.6%$254,000$118,000115.3%
Roseville2131-32.3%$253,000$234,0008.1%
White Bear Township6520%$251,750$196,10028.4%
White Bear Lake1420-30%$245,500$224,9509.1%

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