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Minnesota State Wire

Friday, September 12, 2025

Newport home prices fall in July 2018

Re 7

The median sale price of a home sold in July 2018 in Newport fell by $18,000 while total sales increased by 66.7%, according to BlockShopper.com.

In July 2018, there were five homes sold, with a median sale price of $225,000 - a 7.4% decrease over the $243,000 median sale price for the same period of the previous year. There were three homes sold in Newport in July 2017.

The median sales tax in Newport for the most recent year with available data, 2015, was $2,280, approximately 1% of the median home sale price for July 2018.

The following table compares Newport to other Washington County cities with similar median sales prices in July 2018:

CityJuly 2018 Home SalesJuly 2017 Home Sales% change (Total Home Sales)July 2018 Median Sales PriceJuly 2017 Median Sales Price% change (Median Sales Price)
Woodbury122129-5.4%$308,500$290,0006.4%
Forest Lake2937-21.6%$269,900$224,00020.5%
Willernie110%$249,000$51,000388.2%
Oakdale3648-25%$244,500$219,45011.4%
Cottage Grove4054-25.9%$244,500$239,0002.3%
Oak Park Heights7540%$235,000$254,000-7.5%
Newport5366.7%$225,000$243,000-7.4%
St. Paul Park126100%$223,500$211,0005.9%
Hugo3646-21.7%$215,500$186,00015.9%
Lakeland14-75%$205,000$234,000-12.4%
Lake St. Croix Beach12-50%$95,000$262,500-63.8%

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