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North Ramsey News

Tuesday, November 26, 2024

Ramsey County home prices rose in the second half of 2022

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The median sale price of a home sold in the second half of 2022 in Ramsey County rose by $14,000 while total sales decreased by 19.7%.

From July through December of 2022, there were 2,753 homes sold, with a median sale price of $299,000 - a 4.9% increase over the $285,000 median sale price for the same period of the previous year. There were 3,429 homes sold in Ramsey County in the second half of 2021.

The median sales tax in Ramsey County for the most recent year with available data, 2019, was $3,296 approximately 1.1% of the median home sale price for the second half of 2022.

The following histogram displays changes in median sales prices in Ramsey County from July 2021 to December 2022.

July - Dec. 2021Jan. - June 2022July - Dec. 2022$285000$285000$300000$300000$299000$299000

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