St. Paul home prices rise in April 2017

St. Paul home prices rise in April 2017
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The median sale price of a home sold in April 2017 in St. Paul rose by $11,950 while total sales decreased by 16.9%, according to BlockShopper.com.

In April 2017, there were 301 homes sold, with a median sale price of $175,700 – a 7.3% increase over the $163,750 median sale price for the same period of the previous year. There were 362 homes sold in St. Paul in April 2016.

The median sales tax in St. Paul for 2017 was $2,566. In 2016, the median sales tax was $2,484. This marks an increase of 3.3%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.5%.

The following table compares St. Paul to other Ramsey County cities with similar median sales prices in April 2017:

City Apr. 2017 Home Sales Apr. 2016 Home Sales % change (Total Home Sales) Apr. 2017 Median Sales Price Apr. 2016 Median Sales Price % change (Median Sales Price)
White Bear Lake 24 30 -20% $229,500 $224,500 2.2%
Bellaire 1 0 – $210,000 $0 –
Mounds View 13 15 -13.3% $209,900 $197,000 6.5%
Roseville 31 33 -6.1% $206,900 $215,000 -3.8%
Maplewood 43 48 -10.4% $206,500 $200,700 2.9%
North St. Paul 13 13 0% $177,500 $185,000 -4.1%
Vadnais Heights 18 17 5.9% $176,000 $200,000 -12%
St. Paul 301 362 -16.9% $175,700 $163,750 7.3%
Lauderdale 1 2 -50% $155,000 $237,450 -34.7%
Little Canada 11 21 -47.6% $126,000 $180,000 -30%
St. Anthony 4 4 0% $106,680 $232,500 -54.1%


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