Mounds View home prices fall in March 2017

Mounds View home prices fall in March 2017
0Comments

The median sale price of a home sold in March 2017 in Mounds View fell by $24,000 while total sales increased by 28.6%, according to BlockShopper.com.

In March 2017, there were nine homes sold, with a median sale price of $206,000 – a 10.4% decrease over the $230,000 median sale price for the same period of the previous year. There were seven homes sold in Mounds View in March 2016.

The median sales tax in Mounds View for 2017 was $2,408. In 2016, the median sales tax was $2,404. This marks an increase of 0.2%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.2%.

The following table compares Mounds View to other Ramsey County cities with similar median sales prices in March 2017:

City Mar. 2017 Home Sales Mar. 2016 Home Sales % change (Total Home Sales) Mar. 2017 Median Sales Price Mar. 2016 Median Sales Price % change (Median Sales Price)
Vadnais Heights 21 9 133.3% $250,000 $232,400 7.6%
New Brighton 21 21 0% $238,000 $215,000 10.7%
Arden Hills 3 6 -50% $235,000 $263,500 -10.8%
Roseville 27 32 -15.6% $219,000 $202,500 8.1%
White Bear Lake 24 28 -14.3% $218,000 $200,750 8.6%
Mounds View 9 7 28.6% $206,000 $230,000 -10.4%
North St. Paul 13 17 -23.5% $189,900 $172,400 10.2%
Shoreview 30 33 -9.1% $182,775 $211,000 -13.4%
Maplewood 37 28 32.1% $182,500 $193,500 -5.7%
St. Anthony 3 3 0% $174,900 $145,000 20.6%
St. Paul 255 289 -11.8% $166,000 $165,900 0.1%


Related

Home vacancies in Minnesota up 0.2 percent in Q1

Home vacancies in Minnesota up 0.2 percent in Q1

Minnesota’s home vacancy rate was 1.1 percent in the first quarter of 2022, an increase of 0.2 percent over the previous quarter, according to a U.S. Census Bureau report.

Minnesota ranked 20th in nation with rental vacancy rate of 6.6% in 2021

Minnesota ranked 20th in nation with rental vacancy rate of 6.6% in 2021

Minnesota ranked 20th in the nation throughout 2021 with a rental vacancy rate of 6.6 percent, according to the U.S. Census Bureau.

Minnesota ranked 20th in nation with rental vacancy rate of 6.6% in 2021

Minnesota ranked fifth in nation with rental vacancy rate of 9% in Q3 2022

Minnesota ranked fifth in the nation in the third quarter with a rental vacancy rate of 9 percent, according to the U.S. Census Bureau.

Trending

The Weekly Newsletter

Sign-up for the Weekly Newsletter from Minnesota State Wire.