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Friday, September 20, 2024

Ramsey County home valuation prices fell in March 2023 compared to the same period in 2022

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In March 2023, the median sale price of a home in Ramsey County fell by $4,000 from the same period in the previous year, while total sales decreased by 26.9%, according to BlockShopper.com.

Data shows that there were 351 homes sold in March 2023, with a median sale price of $276,000 - a 1.4% decrease from the $280,000 median sale price for the same period of the previous year. There were 480 homes sold in Ramsey County in March 2022.

For context, the median sales tax in Ramsey County, based on the latest available data from 2019, was $3,296, which stands at 1.2% of March 2023's median home sale price.

The following histogram displays changes in median sales prices in Ramsey County from March 2022 to March 2023.

March 2022April 2022May 2022June 2022July 2022August 2022September 2022October 2022November 2022December 2022January 2023February 2023March 2023$280,000$280,000$305,000$305,000$312,000$312,000$320,000$320,000$307,000$307,000$310,000$310,000$290,000$290,000$285,000$285,000$285,000$285,000$285,000$285,000$272,075$272,075$265,000$265,000$276,000$276,000

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