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Saturday, November 23, 2024

Q2: Stillwater (Washington County) experienced a 17.3% increase in median home prices

Realestate3

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The median sale price of a home sold in the second quarter of 2022 in Stillwater in Washington County rose by $71,000 while total sales decreased by 17.4 percent, according to BlockShopper.com.

From April through June, there were 95 homes sold, with a median sale price of $481,000 - a 17.3 percent increase over the $410,000 median sale price for the same period of the previous year. There were 115 homes sold in Stillwater in the second quarter of 2021.

The median sales tax in Stillwater for the most recent year with available data, 2020, was $3,626, approximately 0.8 percent of the median home sale price for the second quarter of 2022.

The following table compares Stillwater to other Washington County cities with similar median sale prices in the second quarter of 2022:

CityApril - June 2022 Home SalesApril - June 2021 Home Sales% change (Total Home Sales)April - June 2022 Median Sales PriceApril - June 2021 Median Sales Price% change (Median Sales Price)
Afton990$675,000$620,0008.9
Lakeland Shores220$628,000$1,447,500-56.6
St. Marys Point21100$604,500$950,000-36.4
Pine Springs20-$532,500$0-
Marine on St. Croix4333.3$505,000$490,0003.1
Stillwater95115-17.4$481,000$410,00017.3
Mahtomedi2936-19.4$408,000$423,750-3.7
Woodbury292371-21.3$403,500$380,0006.2
Scandia614-57.1$393,500$559,500-29.7
Lakeland12933.3$355,000$310,59814.3
Cottage Grove117135-13.3$355,000$330,0007.6
* This story only considers sales data for the part of Stillwater that is in Washington County.

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