From January through December of 2020, there were three homes sold, with a median sale price of $323,500 - a 32.1% decrease over the $476,750 median sale price for the previous year. There were three homes sold in Pine Springs in 2019, as well.
The median sales tax in Pine Springs for 2020 was $4,174. In 2019, the median sales tax was $4,408. This marks an decrease of 5.3%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.3%.
The following table compares Pine Springs to other Washington County cities with similar median sale prices in 2020:
| City | Jan. - Dec. 2020 Home Sales | Jan. - Dec. 2019 Home Sales | % change (Total Home Sales) | Jan. - Dec. 2020 Median Sales Price | Jan. - Dec. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Birchwood Village | 11 | 25 | -56% | $376,000 | $363,974.99 | 3.3% |
| Scandia | 41 | 48 | -14.6% | $375,000 | $357,500 | 4.9% |
| Mahtomedi | 89 | 114 | -21.9% | $367,500 | $366,500 | 0.3% |
| Stillwater | 314 | 472 | -33.5% | $355,000 | $325,000 | 9.2% |
| Woodbury | 987 | 1,245 | -20.7% | $339,999 | $315,900 | 7.6% |
| Pine Springs | 3 | 3 | 0% | $323,500 | $476,750 | -32.1% |
| Bayport | 34 | 46 | -26.1% | $303,000 | $256,750 | 18% |
| Cottage Grove | 432 | 649 | -33.4% | $285,000 | $264,900 | 7.6% |
| Forest Lake | 272 | 345 | -21.2% | $266,250 | $280,000 | -4.9% |
| Lake St. Croix Beach | 10 | 22 | -54.5% | $265,000 | $227,000 | 16.7% |
| Oak Park Heights | 53 | 71 | -25.4% | $255,000 | $231,000 | 10.4% |
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