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Monday, November 25, 2024

Pricing for the median home in Birchwood Village decreased during the second half of 2021

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The median sale price of a home sold in the second half of 2021 in Birchwood Village fell by $20,000 while total sales increased by 42.9%, according to BlockShopper.com.

From July through December of 2021, there were 10 homes sold, with a median sale price of $370,000 - a 5.1% decrease over the $390,000 median sale price for the same period of the previous year. There were seven homes sold in Birchwood Village in the second half of 2020.

The median sales tax in Birchwood Village for the most recent year with available data, 2020, was $4,360, approximately 1.2% of the median home sale price for the second half of 2021.

The following table compares Birchwood Village 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)
Afton2224-8.3%$507,500$534,500-5.1%
Stillwater22913470.9%$425,000$362,50017.2%
Marine on St. Croix81700%$389,950$374,6054.1%
Mahtomedi613764.9%$387,000$381,0001.6%
Woodbury67647741.7%$385,000$342,00012.6%
Birchwood Village10742.9%$370,000$390,000-5.1%
Lakeland13862.5%$345,000$234,25047.3%
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%

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