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Minnesota State Wire

Tuesday, November 5, 2024

Lauderdale home prices fall in October 2019

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The median sale price of a home sold in October 2019 in Lauderdale fell by $55,000 while total sales increased by 200%, according to BlockShopper.com.

In October 2019, there were six homes sold, with a median sale price of $181,500 - a 23.3% decrease over the $236,500 median sale price for the same period of the previous year. There were two homes sold in Lauderdale in October 2018.

The median sales tax in Lauderdale for 2019 was $2,721. In 2018, the median sales tax was $2,520. This marks an increase of 8%. 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 Lauderdale to other Ramsey County cities with similar median sales prices in October 2019:

CityOct. 2019 Home SalesOct. 2018 Home Sales% change (Total Home Sales)Oct. 2019 Median Sales PriceOct. 2018 Median Sales Price% change (Median Sales Price)
Shoreview281947.4%$295,950$300,000-1.4%
White Bear Lake251931.6%$260,000$248,5004.6%
Maplewood3648-25%$258,500$237,7008.8%
New Brighton2425-4%$256,950$239,5007.3%
Mounds View141216.7%$255,000$236,5007.8%
Roseville534129.3%$250,000$255,000-2%
North St. Paul191435.7%$230,000$225,7001.9%
White Bear Beach10-$230,000$0-
St. Paul336381-11.8%$212,250$195,0008.8%
St. Anthony28-75%$197,000$176,35011.7%
Lauderdale62200%$181,500$236,500-23.3%

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