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Saturday, November 2, 2024

March 2022: Woodbury experienced a 17.7% increase in median home prices

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The median sale price of a home sold in March 2022 in Woodbury rose by $60,550 while total sales decreased by 12.8%, according to BlockShopper.com.

In March 2022, there were 68 homes sold, with a median sale price of $403,000 - a 17.7% increase over the $342,450 median sale price for the same period of the previous year. There were 78 homes sold in Woodbury in March 2021.

The median sales tax in Woodbury for the most recent year with available data, 2020, was $4,149, approximately 1% of the median home sale price for March 2022.

The following table compares Woodbury to other Washington County cities with similar median sale prices in March 2022:

CityMar. 2022 Home SalesMar. 2021 Home Sales% change (Total Home Sales)Mar. 2022 Median Sales PriceMar. 2021 Median Sales Price% change (Median Sales Price)
Pine Springs10-$725,000$0-
Scandia23-33.3%$672,950$317,000112.3%
Lakeland23-33.3%$557,500$319,90074.3%
Lake Elmo550%$515,000$557,000-7.5%
Bayport46-33.3%$417,500$355,00017.6%
Woodbury6878-12.8%$403,000$342,45017.7%
Stillwater3031-3.2%$375,000$365,0002.7%
Mahtomedi9580%$375,000$400,000-6.3%
Oak Park Heights13-66.7%$370,000$285,00029.8%
Forest Lake1533-54.5%$370,000$245,00051%
St. Paul Park26-66.7%$339,897.50$258,50031.5%

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