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Minnesota State Wire

Tuesday, November 5, 2024

Bayport home prices fall in the third quarter of 2019

Realestate5

The median sale price of a home sold in the third quarter of 2019 in Bayport fell by $43,000 while total sales increased by 23.1%, according to BlockShopper.com.

From July through September of 2019, there were 16 homes sold, with a median sale price of $272,000 - a 13.7% decrease over the $315,000 median sale price for the same period of the previous year. There were 13 homes sold in Bayport in the third quarter of 2018.

The median sales tax in Bayport for the most recent year with available data, 2015, was $1,893, approximately 0.7% of the median home sale price for the third quarter of 2019.

The following table compares Bayport to other Washington 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)
Scandia1223-47.8%$325,000$266,00022.2%
Woodbury4404243.8%$320,000$300,0006.7%
Forest Lake13511814.4%$299,000$250,00019.6%
Lakeland11837.5%$288,000$230,972.5024.7%
Cottage Grove23521111.4%$275,000$255,0007.8%
Bayport161323.1%$272,000$315,000-13.7%
Lake St. Croix Beach8714.3%$254,000$237,0007.2%
Oak Park Heights1920-5%$252,500$232,5008.6%
Oakdale19016713.8%$235,000$230,0002.2%
Newport261752.9%$233,000$215,0008.4%
Hugo1111100.9%$226,500$217,0004.4%

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