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Saturday, November 23, 2024

Lauderdale home prices rise in July 2019

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The median sale price of a home sold in July 2019 in Lauderdale rose by $81,500 while total sales increased by 66.7%, according to BlockShopper.com.

In July 2019, there were five homes sold, with a median sale price of $225,000 - a 56.8% increase over the $143,500 median sale price for the same period of the previous year. There were three homes sold in Lauderdale in July 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 1.2%.

The following table compares Lauderdale to other Ramsey County cities with similar median sales prices in July 2019:

CityJuly 2019 Home SalesJuly 2018 Home Sales% change (Total Home Sales)July 2019 Median Sales PriceJuly 2018 Median Sales Price% change (Median Sales Price)
Shoreview452580%$282,000$264,0006.8%
Roseville5425116%$274,250$247,50010.8%
Little Canada15887.5%$265,000$277,150-4.4%
White Bear Lake433426.5%$264,900$234,95012.7%
White Bear Township12933.3%$260,768$268,500-2.9%
Maplewood4243-2.3%$254,250$242,0005.1%
St. Anthony51400%$250,000$295,000-15.3%
North St. Paul141040%$237,850$218,7508.7%
St. Paul42332629.8%$230,000$204,25012.6%
Mounds View14955.6%$230,000$245,000-6.1%
Lauderdale5366.7%$225,000$143,50056.8%

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