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Minnesota State Wire

Tuesday, November 5, 2024

North Oaks home prices fall in October 2019

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The median sale price of a home sold in October 2019 in North Oaks fell by $4,750 while total sales remained unchanged with five homes sold, according to BlockShopper.com.

In October 2019, there were five homes sold, with a median sale price of $615,250 - a 0.8% decrease over the $620,000 median sale price for the same period of the previous year. There were five homes sold in North Oaks in October 2018, as well.

The median sales tax in North Oaks for 2019 was $6,925. In 2018, the median sales tax was $6,837. This marks an increase of 1.3%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.1%.

The following table compares North Oaks 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)
North Oaks550%$615,250$620,000-0.8%
Gem Lake12-50%$387,777$468,750-17.3%
Arden Hills814-42.9%$352,000$351,8250%
Little Canada58-37.5%$350,000$290,00020.7%
Vadnais Heights1012-16.7%$319,500$157,625102.7%
White Bear Township1113-15.4%$312,000$295,0005.8%
Falcon Heights220%$310,750$312,250-0.5%
Bellaire10-$300,000$0-
Shoreview281947.4%$295,950$300,000-1.4%
White Bear Lake251931.6%$260,000$248,5004.6%
Maplewood3648-25%$258,500$237,7008.8%

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