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St. Paul Reporter

Saturday, November 16, 2024

St. Paul home prices rise in the third quarter of 2018

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The median sale price of a home sold in the third quarter of 2018 in St. Paul rose by $20,750 while total sales increased by 33.6%, according to BlockShopper.com.

From July through September of 2018, there were 1,230 homes sold, with a median sale price of $210,000 - a 11% increase over the $189,250 median sale price for the same period of the previous year. There were 921 homes sold in St. Paul in the third quarter of 2017.

The median sales tax in St. Paul for 2018 was $2,772. In 2017, the median sales tax was $2,566. This marks an increase of 8%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.3%.

The following table compares St. Paul 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)
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%
Lauderdale79-22.2%$190,000$205,000-7.3%
St. Anthony11757.1%$153,000$250,000-38.8%

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