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Minnesota State Wire

Tuesday, November 5, 2024

Ramsey home prices rise in August 2019

Realestate5

The median sale price of a home sold in August 2019 in Ramsey rose by $53,750 while total sales decreased by 6.7%, according to BlockShopper.com.

In August 2019, there were 42 homes sold, with a median sale price of $284,750 - a 23.3% increase over the $231,000 median sale price for the same period of the previous year. There were 45 homes sold in Ramsey in August 2018.

The median sales tax in Ramsey for 2019 was $2,827. In 2018, the median sales tax was $2,713. This marks an increase of 4.2%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1%.

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

CityAug. 2019 Home SalesAug. 2018 Home Sales% change (Total Home Sales)Aug. 2019 Median Sales PriceAug. 2018 Median Sales Price% change (Median Sales Price)
Ham Lake1823-21.7%$348,500$356,500-2.2%
Andover585016%$329,950$274,00020.4%
Lino Lakes1731-45.2%$323,200$300,0007.7%
East Bethel1221-42.9%$305,000$279,9009%
Martin Lake52150%$288,000$230,50024.9%
Ramsey4245-6.7%$284,750$231,00023.3%
Blaine92127-27.6%$280,750$239,00017.5%
Bethel12-50%$268,000$185,00044.9%
Coon Rapids115133-13.5%$255,000$232,0009.9%
St. Francis816-50%$253,200$224,50012.8%
Lexington330%$250,000$180,00038.9%

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