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East Twin Cities

Friday, November 22, 2024

Newport home prices rose in April

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The median sale price of a home sold in April in Newport rose by $6,000 while total sales increased by 133.3 percent, according to BlockShopper.com.

In April, there were seven homes sold, with a median sale price of $296,000 - a 2.1 percent increase over the $290,000 median sale price for the same period of the previous year. There were three homes sold in Newport in April 2021.

The median sales tax in Newport for the most recent year with available data, 2020, was $3,373, approximately 1.1 percent of the median home sale price for April.

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

CityApril 2022 Home SalesApril 2021 Home Sales% change (Total Home Sales)April 2022 Median Sales PriceApril 2021 Median Sales Price% change (Median Sales Price)
Bayport3250$353,000$352,4500.2
Lakeland56-16.7$350,000$302,50015.7
Forest Lake1230-60$350,000$267,50030.8
Mahtomedi312-75$347,500$423,750-18
Hugo1625-36$345,000$269,60928
Lake St. Croix Beach20-$310,000$0-
Birchwood Village13-66.7$307,000$600,000-48.8
Newport73133.3$296,000$290,0002.1
Oakdale2846-39.1$276,500$309,950-10.8
Oak Park Heights330$275,000$301,000-8.6
St. Paul Park89-11.1$266,500$215,00024

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