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Minnesota State Wire

Tuesday, November 5, 2024

Arden Hills home prices fall in the third quarter of 2019

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The median sale price of a home sold in the third quarter of 2019 in Arden Hills fell by $3,800 while total sales decreased by 29%, according to BlockShopper.com.

From July through September of 2019, there were 22 homes sold, with a median sale price of $396,200 - a 1% decrease over the $400,000 median sale price for the same period of the previous year. There were 31 homes sold in Arden Hills in the third quarter of 2018.

The median sales tax in Arden Hills for 2019 was $4,612. In 2018, the median sales tax was $4,169. This marks an increase of 10.6%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.2%.

The following table compares Arden Hills to other Ramsey County cities with similar median sales prices in the third quarter of 2019:

CityJuly - Sept. 2019 Home SalesJuly - Sept. 2018 Home Sales% change (Total Home Sales)July - Sept. 2019 Median Sales PriceJuly - Sept. 2018 Median Sales Price% change (Median Sales Price)
North Oaks1517-11.8%$554,000$580,000-4.5%
Gem Lake12-50%$496,000$210,000136.2%
Arden Hills2231-29%$396,200$400,000-1%
Bellaire45-20%$361,000$275,00031.3%
Falcon Heights1522-31.8%$325,000$332,700-2.3%
Shoreview1058129.6%$312,500$295,0005.9%
New Brighton857119.7%$299,000$287,0004.2%
Roseville14110731.8%$273,000$254,0007.5%
White Bear Lake101117-13.7%$267,000$236,00013.1%
Little Canada41395.1%$265,000$240,00010.4%
Vadnais Heights5259-11.9%$262,650$265,000-0.9%

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