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Monday, November 25, 2024

Newport home prices fell in December 2021

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The median sale price of a home sold in December 2021 in Newport fell by $93,500 while total sales remained unchanged with two homes sold, according to BlockShopper.com.

In December 2021, there were two homes sold, with a median sale price of $222,500 - a 29.6% decrease over the $316,000 median sale price for the same period of the previous year. There were two homes sold in Newport in December 2020, as well.

The median sales tax in Newport for the most recent year with available data, 2020, was $3,373, approximately 1.5% of the median home sale price for December 2021.

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

CityDec. 2021 Home SalesDec. 2020 Home Sales% change (Total Home Sales)Dec. 2021 Median Sales PriceDec. 2020 Median Sales Price% change (Median Sales Price)
Cottage Grove2434-29.4%$342,500$315,0008.7%
Oakdale25238.7%$300,000$239,50025.3%
Lake St. Croix Beach30-$300,000$0-
Forest Lake15147.1%$287,000$335,500-14.5%
Afton330%$280,000$400,000-30%
Lakeland12-50%$275,000$256,0007.4%
Birchwood Village20-$271,000$0-
Hugo189100%$262,449.50$282,000-6.9%
Oak Park Heights550%$252,000$265,000-4.9%
St. Paul Park7540%$240,000$280,000-14.3%
Newport220%$222,500$316,000-29.6%

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