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Monday, November 25, 2024

The second half of 2021: Home prices in Newport unchanged

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The median sale price of a home sold in the second half of 2021 in Newport was unchanged while total sales increased by 120%, according to BlockShopper.com.

From July through December of 2021, there were 33 homes sold, with a median sale price of $250,000. There were 15 homes sold in Newport in the second half of 2020, and the median sales price for the period was also $250,000.

The median sales tax in Newport for the most recent year with available data, 2020, was $3,373, approximately 1.3% of the median home sale price for the second half of 2021.

The following table compares Newport to other Washington County cities with similar median sale prices in the second half of 2021:

CityJuly - Dec. 2021 Home SalesJuly - Dec. 2020 Home Sales% change (Total Home Sales)July - Dec. 2021 Median Sales PriceJuly - Dec. 2020 Median Sales Price% change (Median Sales Price)
St. Marys Point31200%$345,000$450,000-23.3%
Cottage Grove29020839.4%$340,000$301,30012.8%
Bayport15147.1%$324,000$387,750-16.4%
Forest Lake16612236.1%$311,500$299,7503.9%
Oak Park Heights302615.4%$309,900$253,50022.2%
Lake St. Croix Beach10742.9%$302,500$270,00012%
Hugo15211038.2%$280,000$241,50015.9%
Oakdale25017047.1%$280,000$263,5006.3%
St. Paul Park463053.3%$278,500$247,50012.5%
Willernie5425%$277,500$231,50019.9%
Newport3315120%$250,000$250,0000%

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