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Minnesota State Wire

Sunday, December 22, 2024

How did home prices perform in Oakdale during the first quarter of 2022?

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The median sale price of a home sold in the first quarter of 2022 in Oakdale rose by $7,900 while total sales decreased by 4.4%, according to BlockShopper.com.

From January through March of 2022, there were 65 homes sold, with a median sale price of $274,900 - a 3% increase over the $267,000 median sale price for the same period of the previous year. There were 68 homes sold in Oakdale in the first quarter of 2021.

The median sales tax in Oakdale for the most recent year with available data, 2020, was $3,066, approximately 1.1% of the median home sale price for the first quarter of 2022.

The following table compares Oakdale to other Washington County cities with similar median sale prices in the first quarter of 2022:

CityJan. - Mar. 2022 Home SalesJan. - Mar. 2021 Home Sales% change (Total Home Sales)Jan. - Mar. 2022 Median Sales PriceJan. - Mar. 2021 Median Sales Price% change (Median Sales Price)
Oak Park Heights37-57.1%$370,000$285,00029.8%
Bayport812-33.3%$355,000$335,6255.8%
St. Paul Park1113-15.4%$335,000$257,00030.4%
Forest Lake5257-8.8%$335,000$250,00034%
Cottage Grove7276-5.3%$325,000$307,5005.7%
Willernie23-33.3%$307,250$217,00041.6%
Newport15887.5%$300,000$323,750-7.3%
Oakdale6568-4.4%$274,900$267,0003%
Hugo43430%$268,000$275,000-2.5%
St. Marys Point110%$250,000$198,00026.3%
Lake St. Croix Beach4333.3%$193,350$289,900-33.3%

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