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Minnesota State Wire

Wednesday, November 6, 2024

January 2022: Home prices in North Oaks increased

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The median sale price of a home sold in January 2022 in North Oaks rose by $997,500 while total sales increased by 50%, according to BlockShopper.com.

In January 2022, there were three homes sold, with a median sale price of $1,600,000 - a 165.6% increase over the $602,500 median sale price for the same period of the previous year. There were two homes sold in North Oaks in January 2021.

The median sales tax in North Oaks for the most recent year with available data, 2019, was $6,925, approximately 0.4% of the median home sale price for January 2022.

The following table compares North Oaks 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)
North Oaks3250%$1,600,000$602,500165.6%
Little Canada21100%$695,000$335,700107%
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%

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