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Monday, November 25, 2024

Rising home prices in Oakdale in the fourth quarter of 2021

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The median sale price of a home sold in the fourth quarter of 2021 in Oakdale rose by $30,300 while total sales increased by 29.6%, according to BlockShopper.com.

From October through December of 2021, there were 92 homes sold, with a median sale price of $275,300 - a 12.4% increase over the $245,000 median sale price for the same period of the previous year. There were 71 homes sold in Oakdale in the fourth quarter of 2020.

The median sales tax in Oakdale for the most recent year with available data, 2020, was $3,066, approximately 1.1% of the median home sale price for the fourth quarter of 2021.

The following table compares Oakdale to other Washington County cities with similar median sale prices in the fourth quarter of 2021:

CityOct. - Dec. 2021 Home SalesOct. - Dec. 2020 Home Sales% change (Total Home Sales)Oct. - Dec. 2021 Median Sales PriceOct. - Dec. 2020 Median Sales Price% change (Median Sales Price)
Hugo654447.7%$330,000$287,50014.8%
Lakeland62200%$317,450$256,00024%
Bayport6450%$316,950$250,833.3326.4%
Marine on St. Croix30-$315,925$0-
Lake St. Croix Beach41300%$302,500$260,00016.3%
Forest Lake685230.8%$302,500$300,0000.8%
Oakdale927129.6%$275,300$245,00012.4%
St. Paul Park1415-6.7%$275,000$260,0005.8%
Oak Park Heights13128.3%$270,000$268,0000.7%
Newport13785.7%$235,000$262,000-10.3%
Willernie21100%$209,983.50$273,301-23.2%

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