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Thursday, November 14, 2024

Pricing for the median home in Newport increased during November 2021

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The median sale price of a home sold in November 2021 in Newport rose by $58,000 while total sales decreased by 33.3%, according to BlockShopper.com.

In November 2021, there were two homes sold, with a median sale price of $320,000 - a 22.1% increase over the $262,000 median sale price for the same period of the previous year. There were three homes sold in Newport in November 2020.

The median sales tax in Newport for the most recent year with available data, 2020, was $3,373, approximately 1.1% of the median home sale price for November 2021.

The following table compares Newport to other Washington County cities with similar median sale prices in November 2021:

CityNov. 2021 Home SalesNov. 2020 Home Sales% change (Total Home Sales)Nov. 2021 Median Sales PriceNov. 2020 Median Sales Price% change (Median Sales Price)
Hugo1516-6.3%$376,500$330,00014.1%
Stillwater1518-16.7%$360,000$342,2505.2%
Cottage Grove2231-29%$340,250$285,00019.4%
Forest Lake1219-36.8%$332,500$274,00021.4%
Mahtomedi6520%$329,500$381,000-13.5%
Newport23-33.3%$320,000$262,00022.1%
Oak Park Heights12-50%$319,900$260,00023%
Lakeland20-$318,950$0-
St. Paul Park14-75%$310,000$252,00023%
Oakdale827-70.4%$265,350$250,0006.1%
Bayport110%$225,000$187,50020%

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