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East Twin Cities

Monday, November 25, 2024

How did home prices perform in Pine Springs during 2021?

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The median sale price of a home sold in 2021 in Pine Springs rose by $304,000 while total sales increased by 33.3%, according to BlockShopper.com.

From January through December of 2021, there were four homes sold, with a median sale price of $627,500 - a 94% increase over the $323,500 median sale price for the previous year. There were three homes sold in Pine Springs in 2020.

The median sales tax in Pine Springs for the most recent year with available data, 2020, was $4,174, approximately 0.7% of the median home sale price for 2021.

The following table compares Pine Springs 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)
Lakeland Shores23-33.3%$1,447,500$480,000201.6%
Dellwood167128.6%$1,010,000$715,00041.3%
Pine Springs4333.3%$627,500$323,50094%
Hastings10100%$607,500$508,00019.6%
Grant494216.7%$575,000$557,5003.1%
Lake Elmo1038127.2%$575,000$480,00019.8%
Afton3743-14%$575,000$550,0004.5%
Scandia44417.3%$532,000$375,00041.9%
Marine on St. Croix146133.3%$465,000$397,302.5017%
Stillwater41131530.5%$413,000$355,00016.3%
Birchwood Village161145.5%$402,500$376,0007%

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