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Minnesota State Wire

Saturday, November 23, 2024

South St. Paul home prices rise in July 2019

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The median sale price of a home sold in July 2019 in South St. Paul rose by $20,000 while total sales increased by 37.8%, according to BlockShopper.com.

In July 2019, there were 51 homes sold, with a median sale price of $235,000 - a 9.3% increase over the $215,000 median sale price for the same period of the previous year. There were 37 homes sold in South St. Paul in July 2018.

The median sales tax in South St. Paul for 2019 was $2,558. In 2018, the median sales tax was $2,515. This marks an increase of 1.7%. 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 South St. Paul to other Dakota 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)
Eagan1299831.6%$305,000$269,447.5013.2%
Rosemount534032.5%$298,700$250,50019.2%
Apple Valley1288550.6%$281,500$274,9002.4%
Farmington624440.9%$277,500$251,359.7910.4%
Hampton61500%$274,000$268,0002.2%
Inver Grove Heights615022%$270,000$224,90020.1%
Burnsville107998.1%$270,000$254,0006.3%
Vermillion110%$250,000$233,0007.3%
West St. Paul302236.4%$243,500$242,5000.4%
South St. Paul513737.8%$235,000$215,0009.3%
Hastings5455-1.8%$222,500$235,000-5.3%

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