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Monday, November 25, 2024

What happened to the median home price in St. Paul Park during May 2021?

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The median sale price of a home sold in May 2021 in St. Paul Park rose by $58,000 while total sales decreased by 66.7%, according to BlockShopper.com.

In May 2021, there were three homes sold, with a median sale price of $338,000 - a 20.7% increase over the $280,000 median sale price for the same period of the previous year. There were nine homes sold in St. Paul Park in May 2020.

The median sales tax in St. Paul Park for the most recent year with available data, 2020, was $2,904, approximately 0.9% of the median home sale price for May 2021.

The following table compares St. Paul Park to other Washington County cities with similar median sale prices in May 2021:

CityMay 2021 Home SalesMay 2020 Home Sales% change (Total Home Sales)May 2021 Median Sales PriceMay 2020 Median Sales Price% change (Median Sales Price)
Marine on St. Croix110%$490,000$420,00016.7%
Stillwater2237-40.5%$417,500$355,00017.6%
Woodbury87852.4%$370,000$292,50026.5%
Bayport17-85.7%$350,000$243,35043.8%
Forest Lake1322-40.9%$341,000$255,50033.5%
St. Paul Park39-66.7%$338,000$280,00020.7%
Cottage Grove2135-40%$315,000$299,0005.4%
Willernie30-$307,790$0-
Oakdale2040-50%$306,700$295,0004%
Oak Park Heights62200%$264,000$282,450-6.5%
Hugo1230-60%$263,000$237,50010.7%

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