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Monday, November 25, 2024

Newport median home prices rose by 1.7% in 2021

Realestate3

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Adobe Stock

The median sale price of a home sold in 2021 in Newport rose by $4,100 while total sales increased by 43.2%, according to BlockShopper.com.

From January through December of 2021, there were 53 homes sold, with a median sale price of $250,000 - a 1.7% increase over the $245,900 median sale price for the previous year. There were 37 homes sold in Newport in 2020.

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 2021.

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

CityJan. - Dec. 2021 Home SalesJan. - Dec. 2020 Home Sales% change (Total Home Sales)Jan. - Dec. 2021 Median Sales PriceJan. - Dec. 2020 Median Sales Price% change (Median Sales Price)
Bayport37348.8%$333,750$303,00010.1%
Cottage Grove50143614.9%$330,000$285,00015.8%
Lakeland271942.1%$315,000$250,00026%
Forest Lake30627212.5%$308,000$266,25015.7%
Lake St. Croix Beach171070%$298,000$265,00012.5%
Oak Park Heights55533.8%$285,000$255,00011.8%
Oakdale44738017.6%$284,601$250,00013.8%
Hugo2742519.2%$275,500$241,00014.3%
St. Paul Park906930.4%$267,950$241,50011%
Newport533743.2%$250,000$245,9001.7%
Willernie141040%$234,983.50$254,000-7.5%

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