In January 2018, there were seven homes sold, with a median sale price of $825,000 - a 43.9% increase over the $573,250 median sale price for the same period of the previous year. There were six homes sold in North Oaks in January 2017.
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 0.8%.
The following table compares North Oaks to other Ramsey County cities with similar median sales prices in January 2018:
| City | Jan. 2018 Home Sales | Jan. 2017 Home Sales | % change (Total Home Sales) | Jan. 2018 Median Sales Price | Jan. 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Gem Lake | 2 | 0 | - | $1,015,000 | $0 | - |
| North Oaks | 7 | 6 | 16.7% | $825,000 | $573,250 | 43.9% |
| Arden Hills | 7 | 2 | 250% | $315,000 | $271,500 | 16% |
| Falcon Heights | 5 | 4 | 25% | $260,000 | $296,250 | -12.2% |
| New Brighton | 15 | 13 | 15.4% | $250,000 | $210,500 | 18.8% |
| Shoreview | 21 | 23 | -8.7% | $245,000 | $200,000 | 22.5% |
| Mounds View | 7 | 7 | 0% | $236,900 | $222,500 | 6.5% |
| Lauderdale | 3 | 1 | 200% | $236,500 | $175,000 | 35.1% |
| Roseville | 31 | 21 | 47.6% | $234,000 | $209,900 | 11.5% |
| White Bear Lake | 20 | 15 | 33.3% | $224,950 | $215,000 | 4.6% |
| Maplewood | 22 | 29 | -24.1% | $207,500 | $194,500 | 6.7% |
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