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Saturday, November 23, 2024

North Oaks home prices fall in July 2019

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The median sale price of a home sold in July 2019 in North Oaks fell by $114,742 while total sales increased by 100%, according to BlockShopper.com.

In July 2019, there were four homes sold, with a median sale price of $525,000 - a 17.9% decrease over the $639,742 median sale price for the same period of the previous year. There were two homes sold in North Oaks in July 2018.

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 1.3%.

The following table compares North Oaks 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)
North Oaks42100%$525,000$639,741.50-17.9%
Arden Hills67-14.3%$344,000$400,000-14%
Falcon Heights46-33.3%$322,500$351,450-8.2%
New Brighton3617111.8%$295,500$255,00015.9%
Vadnais Heights1618-11.1%$292,450$258,50013.1%
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%

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