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Minnesota State Wire

Wednesday, November 6, 2024

January 2022: St. Paul experienced a 13.3% increase in median home prices

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The median sale price of a home sold in January 2022 in St. Paul rose by $30,505 while total sales decreased by 20%, according to BlockShopper.com.

In January 2022, there were 140 homes sold, with a median sale price of $260,505 - a 13.3% increase over the $230,000 median sale price for the same period of the previous year. There were 175 homes sold in St. Paul in January 2021.

The median sales tax in St. Paul for the most recent year with available data, 2019, was $3,106, approximately 1.2% of the median home sale price for January 2022.

The following table compares St. Paul to other Ramsey County cities with similar median sale prices in January 2022:

CityJan. 2022 Home SalesJan. 2021 Home Sales% change (Total Home Sales)Jan. 2022 Median Sales PriceJan. 2021 Median Sales Price% change (Median Sales Price)
Arden Hills3250%$470,000$231,750102.8%
Vadnais Heights23-33.3%$392,250$162,500141.4%
Mounds View4333.3%$390,000$228,00071.1%
Shoreview46-33.3%$376,950$309,50021.8%
New Brighton10911.1%$335,000$330,0001.5%
White Bear Township4333.3%$330,500$359,900-8.2%
Maplewood824-66.7%$305,000$278,1509.7%
White Bear Lake814-42.9%$301,000$265,50013.4%
Roseville13128.3%$300,000$274,055.509.5%
North St. Paul58-37.5%$287,000$242,50018.4%
St. Paul140175-20%$260,504.50$230,00013.3%

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