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Minnesota State Wire

Sunday, December 22, 2024

Shoreview home prices rose in the first quarter of 2022

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The median sale price of a home sold in the first quarter of 2022 in Shoreview rose by $66,000 while total sales decreased by 17.6%, according to BlockShopper.com.

From January through March of 2022, there were 28 homes sold, with a median sale price of $379,000 - a 21.1% increase over the $313,000 median sale price for the same period of the previous year. There were 34 homes sold in Shoreview in the first quarter of 2021.

The median sales tax in Shoreview for the most recent year with available data, 2019, was $4,106, approximately 1.1% of the median home sale price for the first quarter of 2022.

The following table compares Shoreview to other Ramsey 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)
North Oaks513-61.5%$1,600,000$630,000154%
Falcon Heights46-33.3%$460,000$329,50039.6%
Arden Hills880%$434,500$348,00024.9%
Shoreview2834-17.6%$379,000$313,00021.1%
New Brighton3637-2.7%$342,250$312,0009.7%
White Bear Lake45434.7%$330,000$288,00014.6%
St. Anthony42100%$327,500$224,00046.2%
Mounds View201266.7%$324,000$255,50026.8%
White Bear Township1519-21.1%$312,000$323,000-3.4%
North St. Paul2331-25.8%$300,000$247,50021.2%
Maplewood3969-43.5%$300,000$285,0005.3%

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