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Monday, November 25, 2024

Oak Park Heights home prices rise in the second quarter of 2020

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The median sale price of a home sold in the second quarter of 2020 in Oak Park Heights rose by $51,000 while total sales decreased by 50%, according to BlockShopper.com.

From April through June of 2020, there were 12 homes sold, with a median sale price of $265,000 - a 23.8% increase over the $214,000 median sale price for the same period of the previous year. There were 24 homes sold in Oak Park Heights in the second quarter of 2019.

The median sales tax in Oak Park Heights for the most recent year with available data, 2015, was $2,534, approximately 1% of the median home sale price for the second quarter of 2020.

The following table compares Oak Park Heights to other Washington County cities with similar median sales prices in the second quarter of 2020:

CityApr. - June 2020 Home SalesApr. - June 2019 Home Sales% change (Total Home Sales)Apr. - June 2020 Median Sales PriceApr. - June 2019 Median Sales Price% change (Median Sales Price)
Dellwood14-75%$320,000$582,500-45.1%
Birchwood Village15-80%$307,000$363,974.99-15.7%
Cottage Grove112208-46.2%$283,950$266,7506.4%
Lakeland510-50%$274,900$280,000-1.8%
Oakdale110136-19.1%$266,250$252,5005.4%
Oak Park Heights1224-50%$265,000$214,00023.8%
St. Paul Park1432-56.3%$261,000$230,882.5013%
Lake St. Croix Beach35-40%$255,000$265,000-3.8%
Forest Lake70103-32%$252,700$285,000-11.3%
Bayport141040%$250,475$235,8006.2%
Newport1020-50%$247,500$213,00016.2%

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