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North Ramsey News

Sunday, September 29, 2024

Lauderdale median home prices rose by 75.8% in the second quarter of 2021

Re 13

The median sale price of a home sold in the second quarter of 2021 in Lauderdale rose by $112,120 while total sales decreased by 40%, according to BlockShopper.com.

From April through June of 2021, there were six homes sold, with a median sale price of $260,000 - a 75.8% increase over the $147,880 median sale price for the same period of the previous year. There were 10 homes sold in Lauderdale in the second quarter of 2020.

The median sales tax in Lauderdale for the most recent year with available data, 2019, was $2,721, approximately 1% of the median home sale price for the second quarter of 2021.

The following table compares Lauderdale to other Ramsey County cities with similar median sale prices in the second quarter of 2021:

CityApr. - June 2021 Home SalesApr. - June 2020 Home Sales% change (Total Home Sales)Apr. - June 2021 Median Sales PriceApr. - June 2020 Median Sales Price% change (Median Sales Price)
Gem Lake110%$330,000$420,000-21.4%
Little Canada241560%$329,950$230,00043.5%
New Brighton593759.5%$316,000$300,0005.3%
Vadnais Heights322910.3%$314,500$288,0009.2%
Roseville978218.3%$300,000$311,000-3.5%
St. Anthony82300%$296,000$350,000-15.4%
Maplewood1168831.8%$291,500$282,5003.2%
Mounds View352445.8%$275,000$246,60011.5%
North St. Paul4142-2.4%$275,000$227,687.5020.8%
St. Paul1,06982829.1%$262,000$232,787.5012.5%
Lauderdale610-40%$260,000$147,88075.8%

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