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Minnesota State Wire

Friday, November 22, 2024

Oak Park Heights home prices rise in April 2020

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The median sale price of a home sold in April 2020 in Oak Park Heights rose by $55,000 while total sales decreased by 57.1%, according to BlockShopper.com.

In April 2020, there were three homes sold, with a median sale price of $254,000 - a 27.6% increase over the $199,000 median sale price for the same period of the previous year. There were seven homes sold in Oak Park Heights in April 2019.

The median sales tax in Oak Park Heights for the most recent year with available data, 2015, was $2,534, approximately 1% of the median home sale price for April 2020.

The following table compares Oak Park Heights to other Washington County cities with similar median sales prices in April 2020:

CityApr. 2020 Home SalesApr. 2019 Home Sales% change (Total Home Sales)Apr. 2020 Median Sales PriceApr. 2019 Median Sales Price% change (Median Sales Price)
Scandia330%$320,000$375,000-14.7%
Mahtomedi47-42.9%$309,500$375,000-17.5%
Lake Elmo37-57.1%$300,000$438,500-31.6%
Cottage Grove2655-52.7%$289,500$249,00016.3%
Lakeland12-50%$284,900$318,250-10.5%
Bayport5366.7%$269,500$235,00014.7%
Oakdale2632-18.8%$258,250$222,50016.1%
Oak Park Heights37-57.1%$254,000$199,00027.6%
Forest Lake23224.5%$245,000$281,250-12.9%
Hugo1721-19%$235,000$213,7509.9%
Newport38-62.5%$192,500$199,950-3.7%

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