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St. Paul Reporter

Saturday, November 16, 2024

Maplewood home prices rise in the third quarter of 2018

Re 8

The median sale price of a home sold in the third quarter of 2018 in Maplewood rose by $25,000 while total sales increased by 8.7%, according to BlockShopper.com.

From July through September of 2018, there were 137 homes sold, with a median sale price of $247,000 - a 11.3% increase over the $222,000 median sale price for the same period of the previous year. There were 126 homes sold in Maplewood in the third quarter of 2017.

The median sales tax in Maplewood for 2018 was $3,050. In 2017, the median sales tax was $2,986. This marks an increase of 2.1%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.2%.

The following table compares Maplewood to other Ramsey County cities with similar median sales prices in the third quarter of 2018:

CityJuly - Sept. 2018 Home SalesJuly - Sept. 2017 Home Sales% change (Total Home Sales)July - Sept. 2018 Median Sales PriceJuly - Sept. 2017 Median Sales Price% change (Median Sales Price)
White Bear Township47446.8%$285,000$265,9507.2%
Bellaire5366.7%$275,000$230,00019.6%
Vadnais Heights594434.1%$265,000$254,5004.1%
Mounds View433138.7%$260,500$195,90033%
Roseville107989.2%$254,000$260,000-2.3%
Maplewood1371268.7%$247,000$222,00011.3%
Little Canada392744.4%$240,000$250,000-4%
White Bear Lake1178341%$236,000$225,0004.9%
North St. Paul614341.9%$225,000$197,90013.7%
St. Paul1,23092133.6%$210,000$189,25011%
Gem Lake220%$210,000$155,75034.8%

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