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Minnesota State Wire

Wednesday, November 6, 2024

North Oaks home prices rise in the first half of 2020

Realestate077

The median sale price of a home sold in the first half of 2020 in North Oaks rose by $41,000 while total sales remained unchanged with 28 homes sold, according to BlockShopper.com.

From January through June of 2020, there were 28 homes sold, with a median sale price of $707,000 - a 6.2% increase over the $666,000 median sale price for the same period of the previous year. There were 28 homes sold in North Oaks in the first half of 2019, as well.

The median sales tax in North Oaks for the most recent year with available data, 2019, was $6,925, approximately 1% of the median home sale price for the first half of 2020.

The following table compares North Oaks to other Ramsey County cities with similar median sales prices in the first half of 2020:

CityJan. - June 2020 Home SalesJan. - June 2019 Home Sales% change (Total Home Sales)Jan. - June 2020 Median Sales PriceJan. - June 2019 Median Sales Price% change (Median Sales Price)
North Oaks28280%$707,000$666,0006.2%
Gem Lake13-66.7%$420,000$275,00052.7%
Arden Hills2532-21.9%$395,000$325,95021.2%
White Bear Beach14-75%$350,000$257,50035.9%
St. Anthony614-57.1%$346,500$190,95081.5%
Falcon Heights1219-36.8%$333,200$333,0000.1%
Shoreview84126-33.3%$310,500$310,0000.2%
White Bear Township3965-40%$310,000$285,0008.8%
Maplewood124170-27.1%$281,500$251,00012.2%
Vadnais Heights4355-21.8%$281,000$254,00010.6%
Roseville134216-38%$280,000$263,4506.3%

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