In August 2018, there were 29 homes sold, with a median sale price of $300,000 - a 18.1% increase over the $254,000 median sale price for the same period of the previous year. There were 34 homes sold in Shoreview in August 2017.
The median sales tax in Shoreview for 2018 was $3,962. In 2017, the median sales tax was $3,616. This marks an increase of 9.6%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.3%.
The following table compares Shoreview to other Ramsey County cities with similar median sales prices in August 2018:
| City | Aug. 2018 Home Sales | Aug. 2017 Home Sales | % change (Total Home Sales) | Aug. 2018 Median Sales Price | Aug. 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| North Oaks | 5 | 6 | -16.7% | $725,000 | $535,000 | 35.5% |
| Arden Hills | 18 | 22 | -18.2% | $437,500 | $249,950 | 75% |
| Falcon Heights | 9 | 4 | 125% | $338,000 | $180,000 | 87.8% |
| Shoreview | 29 | 34 | -14.7% | $300,000 | $254,000 | 18.1% |
| New Brighton | 34 | 21 | 61.9% | $289,500 | $291,100 | -0.5% |
| White Bear Township | 21 | 26 | -19.2% | $285,000 | $265,950 | 7.2% |
| Lauderdale | 1 | 3 | -66.7% | $280,000 | $220,000 | 27.3% |
| Bellaire | 3 | 2 | 50% | $275,000 | $205,500 | 33.8% |
| Mounds View | 16 | 9 | 77.8% | $263,000 | $197,500 | 33.2% |
| Vadnais Heights | 28 | 17 | 64.7% | $255,500 | $275,000 | -7.1% |
| Roseville | 43 | 37 | 16.2% | $254,000 | $245,000 | 3.7% |
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