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Minnesota State Wire

Wednesday, November 6, 2024

January 2022: Stillwater (Washington County) experienced a 24.6% drop in median home prices

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The median sale price of a home sold in January 2022 in Stillwater in Washington County fell by $114,600 while total sales decreased by 21.4%, according to BlockShopper.com.

In January 2022, there were 11 homes sold, with a median sale price of $352,000 - a 24.6% decrease over the $466,600 median sale price for the same period of the previous year. There were 14 homes sold in Stillwater in January 2021.

The median sales tax in Stillwater for the most recent year with available data, 2020, was $3,626, approximately 1% of the median home sale price for January 2022.

The following table compares Stillwater to other Washington 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)
Lake Elmo20-$942,500$0-
Grant110%$705,000$685,0002.9%
Birchwood Village10-$553,500$0-
Forest Lake311-72.7%$399,500$276,00044.7%
Woodbury3441-17.1%$383,500$340,00012.8%
Stillwater1114-21.4%$352,000$466,600-24.6%
Cottage Grove1226-53.8%$335,250$309,5008.3%
Mahtomedi110%$289,500$303,000-4.5%
Lakeland Shores10-$270,000$0-
Newport45-20%$268,450$255,0005.3%
Hugo11837.5%$263,800$247,2006.7%
* This story only considers sales data for the part of Stillwater that is in Washington County.

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