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North Ramsey News

Tuesday, November 26, 2024

Ramsey County home prices fell in Q1

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The median sale price of a home sold in the first quarter of 2023 in Ramsey County fell by $3,000 while total sales decreased by 21.3%.

From January through March of 2023, there were 869 homes sold, with a median sale price of $270,000 - a 1.1% decrease from the $273,000 median sale price for the same period of the previous year. There were 1,104 homes sold in Ramsey County in the first quarter of 2022.

The median sales tax in Ramsey County for the most recent year with available data, 2019, was $3,296 approximately 1.2% of the median home sale price for the first quarter of 2023.

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

Q1 2022Q2 2022Q3 2022Q4 2022Q1 2023$273000$273000$315000$315000$304750$304750$285000$285000$270000$270000

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