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Friday, November 15, 2024

Oakdale home prices rise in the first quarter of 2020

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The median sale price of a home sold in the first quarter of 2020 in Oakdale rose by $20,950 while total sales increased by 9.9%, according to BlockShopper.com.

From January through March of 2020, there were 78 homes sold, with a median sale price of $220,950 - a 10.5% increase over the $200,000 median sale price for the same period of the previous year. There were 71 homes sold in Oakdale in the first quarter of 2019.

The median sales tax in Oakdale for the most recent year with available data, 2015, was $2,314, approximately 1% of the median home sale price for the first quarter of 2020.

The following table compares Oakdale to other Washington County cities with similar median sales prices in the first quarter of 2020:

CityJan. - Mar. 2020 Home SalesJan. - Mar. 2019 Home Sales% change (Total Home Sales)Jan. - Mar. 2020 Median Sales PriceJan. - Mar. 2019 Median Sales Price% change (Median Sales Price)
Lakeland62200%$277,500$299,112.50-7.2%
Cottage Grove7599-24.2%$266,400$237,00012.4%
Forest Lake594531.1%$260,000$257,0001.2%
Pine Springs110%$260,000$370,000-29.7%
Oak Park Heights121020%$249,500$222,50012.1%
Willernie21100%$235,500$200,00017.8%
Newport911-18.2%$235,000$148,00058.8%
Hugo4453-17%$225,500$220,0002.5%
Oakdale78719.9%$220,950$200,00010.5%
Marine on St. Croix14-75%$215,000$250,250-14.1%
St. Paul Park18180%$211,834.50$209,2501.2%

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