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North Ramsey News

Saturday, September 28, 2024

The second quarter of 2021: Home prices in North Oaks fell

Re 13

The median sale price of a home sold in the second quarter of 2021 in North Oaks fell by $90,500 while total sales remained unchanged with 13 homes sold, according to BlockShopper.com.

From April through June of 2021, there were 13 homes sold, with a median sale price of $592,000 - a 13.3% decrease over the $682,500 median sale price for the same period of the previous year. There were 13 homes sold in North Oaks in the second quarter of 2020, as well.

The median sales tax in North Oaks for the most recent year with available data, 2019, was $6,925, approximately 1.2% of the median home sale price for the second quarter of 2021.

The following table compares North Oaks 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)
Bellaire20-$644,712.50$0-
North Oaks13130%$592,000$682,500-13.3%
Falcon Heights9650%$403,000$332,95021%
Shoreview645516.4%$387,000$329,00017.6%
Arden Hills271580%$380,000$390,000-2.6%
White Bear Township28267.7%$330,000$327,4500.8%
White Bear Lake5766-13.6%$330,000$285,50015.6%
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%

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