In March 2018, there were 32 homes sold, with a median sale price of $265,250 - a 45.1% increase over the $182,775 median sale price for the same period of the previous year. There were 30 homes sold in Shoreview in March 2017.
The median sales tax in Shoreview for 2018 was $3,962. In 2017, the median sales tax was $3,616. This marks an increase of 9.6%. 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 Shoreview to other Ramsey County cities with similar median sales prices in March 2018:
| City | Mar. 2018 Home Sales | Mar. 2017 Home Sales | % change (Total Home Sales) | Mar. 2018 Median Sales Price | Mar. 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| North Oaks | 3 | 5 | -40% | $730,000 | $639,000 | 14.2% |
| Gem Lake | 1 | 0 | - | $500,000 | $0 | - |
| Falcon Heights | 1 | 4 | -75% | $345,000 | $277,000 | 24.5% |
| White Bear Township | 7 | 10 | -30% | $305,000 | $251,250 | 21.4% |
| Shoreview | 32 | 30 | 6.7% | $265,250 | $182,775 | 45.1% |
| New Brighton | 9 | 21 | -57.1% | $246,000 | $238,000 | 3.4% |
| Roseville | 38 | 27 | 40.7% | $241,500 | $219,000 | 10.3% |
| White Bear Lake | 29 | 24 | 20.8% | $236,000 | $218,000 | 8.3% |
| Mounds View | 3 | 9 | -66.7% | $225,100 | $206,000 | 9.3% |
| Maplewood | 26 | 37 | -29.7% | $220,750 | $182,500 | 21% |
| Vadnais Heights | 16 | 21 | -23.8% | $216,200 | $250,000 | -13.5% |
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