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Minnesota State Wire

Tuesday, November 5, 2024

Newport home prices rise in October 2019

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The median sale price of a home sold in October 2019 in Newport rose by $72,950 while total sales remained unchanged with two homes sold, according to BlockShopper.com.

In October 2019, there were two homes sold, with a median sale price of $229,950 - a 46.5% increase over the $157,000 median sale price for the same period of the previous year. There were two homes sold in Newport in October 2018, as well.

The median sales tax in Newport for the most recent year with available data, 2015, was $2,280, approximately 1% of the median home sale price for October 2019.

The following table compares Newport to other Washington 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)
Woodbury111120-7.5%$289,500$279,9003.4%
Cottage Grove4056-28.6%$273,000$239,50014%
Lakeland24-50%$271,000$419,000-35.3%
Forest Lake2528-10.7%$265,000$272,450-2.7%
Oak Park Heights89-11.1%$247,500$240,0003.1%
Newport220%$229,950$157,00046.5%
Hugo1934-44.1%$225,000$219,0752.7%
St. Paul Park37-57.1%$224,000$196,50014%
Oakdale39390%$220,200$210,0004.9%
St. Marys Point10-$191,000$0-
Lake St. Croix Beach40-$94,875$0-

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