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Friday, November 15, 2024

Bayport 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 Bayport rose by $38,250 while total sales decreased by 60%, according to BlockShopper.com.

From January through March of 2020, there were four homes sold, with a median sale price of $393,250 - a 10.8% increase over the $355,000 median sale price for the same period of the previous year. There were 10 homes sold in Bayport in the first quarter of 2019.

The median sales tax in Bayport for the most recent year with available data, 2015, was $1,893, approximately 0.5% of the median home sale price for the first quarter of 2020.

The following table compares Bayport 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)
Grant612-50%$547,500$655,000-16.4%
Afton9650%$535,000$437,50022.3%
Lake Elmo16160%$437,250$384,75013.6%
Hastings220%$427,930$522,500-18.1%
Scandia610-40%$401,575$310,00029.5%
Bayport410-60%$393,250$355,00010.8%
Mahtomedi1622-27.3%$363,750$338,5007.5%
St. Marys Point110%$332,000$1,520,000-78.2%
Woodbury176180-2.2%$311,100$300,2503.6%
Birchwood Village31200%$307,500$401,500-23.4%
Stillwater6590-27.8%$299,900$315,300-4.9%

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