In May 2018, there were four homes sold, with a median sale price of $617,500 - a 25.7% increase over the $491,250 median sale price for the same period of the previous year. There were four homes sold in North Oaks in May 2017, as well.
The median sales tax in North Oaks for 2018 was $6,837. In 2017, the median sales tax was $6,843. This marks an decrease of 0.1%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.1%.
The following table compares North Oaks to other Ramsey County cities with similar median sales prices in May 2018:
| City | May 2018 Home Sales | May 2017 Home Sales | % change (Total Home Sales) | May 2018 Median Sales Price | May 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| North Oaks | 4 | 4 | 0% | $617,500 | $491,250 | 25.7% |
| Arden Hills | 7 | 16 | -56.3% | $335,000 | $327,500 | 2.3% |
| Shoreview | 20 | 43 | -53.5% | $317,450 | $258,000 | 23% |
| White Bear Township | 10 | 20 | -50% | $302,000 | $270,450 | 11.7% |
| Falcon Heights | 3 | 7 | -57.1% | $287,000 | $225,000 | 27.6% |
| White Bear Lake | 26 | 30 | -13.3% | $279,000 | $224,000 | 24.6% |
| Roseville | 41 | 42 | -2.4% | $275,000 | $240,250 | 14.5% |
| White Bear Beach | 1 | 0 | - | $270,000 | $0 | - |
| New Brighton | 35 | 34 | 2.9% | $255,600 | $218,750 | 16.8% |
| Mounds View | 5 | 7 | -28.6% | $240,000 | $253,043 | -5.2% |
| St. Anthony | 5 | 5 | 0% | $237,500 | $169,000 | 40.5% |
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