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Saturday, September 28, 2024

The first half of 2021: Home prices in North Oaks fell

Realestate3

Adobe Stock

Adobe Stock

The median sale price of a home sold in the first half of 2021 in North Oaks fell by $75,275 while total sales decreased by 10.3%, according to BlockShopper.com.

From January through June of 2021, there were 26 homes sold, with a median sale price of $629,725 - a 10.7% decrease over the $705,000 median sale price for the same period of the previous year. There were 29 homes sold in North Oaks in the first half of 2020.

The median sales tax in North Oaks for the most recent year with available data, 2019, was $6,925, approximately 1.1% of the median home sale price for the first half of 2021.

The following table compares North Oaks to other Ramsey County cities with similar median sale prices in the first half of 2021:

CityJan. - June 2021 Home SalesJan. - June 2020 Home Sales% change (Total Home Sales)Jan. - June 2021 Median Sales PriceJan. - June 2020 Median Sales Price% change (Median Sales Price)
North Oaks2629-10.3%$629,725$705,000-10.7%
Falcon Heights15147.1%$397,000$356,25011.4%
Arden Hills352729.6%$375,000$392,500-4.5%
Shoreview98917.7%$362,100$312,50015.9%
White Bear Township47470%$330,000$315,0004.8%
Gem Lake110%$330,000$420,000-21.4%
New Brighton967233.3%$316,000$287,5009.9%
White Bear Lake100121-17.4%$306,800$275,00011.6%
Roseville1511435.6%$298,000$280,0006.4%
Little Canada432948.3%$293,000$164,90077.7%
Maplewood18514131.2%$290,000$273,8005.9%

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