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Thursday, November 7, 2024

Stillwater (Washington County) home prices rose in the fourth quarter of 2020

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The median sale price of a home sold in the fourth quarter of 2020 in Stillwater in Washington County rose by $27,500 while total sales decreased by 41.1%, according to BlockShopper.com.

From October through December of 2020, there were 53 homes sold, with a median sale price of $367,500 - a 8.1% increase over the $340,000 median sale price for the same period of the previous year. There were 90 homes sold in Stillwater in the fourth quarter of 2019.

The median sales tax in Stillwater for 2020 was $3,626. In 2019, the median sales tax was $3,542. This marks an increase of 2.4%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1%.

The following table compares Stillwater to other Washington County cities with similar median sale prices in the fourth quarter of 2020:

CityOct. - Dec. 2020 Home SalesOct. - Dec. 2019 Home Sales% change (Total Home Sales)Oct. - Dec. 2020 Median Sales PriceOct. - Dec. 2019 Median Sales Price% change (Median Sales Price)
Lake Elmo211275%$500,000$653,000-23.4%
Dellwood14-75%$462,000$749,500-38.4%
Afton82300%$450,000$294,00053.1%
Scandia1114-21.4%$415,000$350,00018.6%
Mahtomedi1518-16.7%$381,000$365,4504.3%
Stillwater5390-41.1%$367,500$340,0008.1%
Woodbury192242-20.7%$352,500$300,00017.5%
Hastings25-60%$330,000$575,000-42.6%
Forest Lake5262-16.1%$300,000$262,45014.3%
Cottage Grove103107-3.7%$295,000$270,0009.3%
Hugo4450-12%$287,500$220,00030.7%
* This story only considers sales data for the part of Stillwater that is in Washington County.

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