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Saturday, November 23, 2024

Rising home prices in Oak Park Heights in Q2

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The median sale price of a home sold in the second quarter of 2022 in Oak Park Heights rose by $63,500 while total sales increased by 33.3 percent, according to BlockShopper.com.

From April through June, there were 24 homes sold, with a median sale price of $340,000 - a 23 percent increase over the $276,500 median sale price for the same period of the previous year. There were 18 homes sold in Oak Park Heights in the second quarter of 2021.

The median sales tax in Oak Park Heights for the most recent year with available data, 2020, was $2,738, approximately 0.8 percent of the median home sale price for the second quarter of 2022.

The following table compares Oak Park Heights 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)
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
Willernie36-50$355,000$194,00083
Oak Park Heights241833.3$340,000$276,50023
Bayport10100$335,500$356,600-5.9
Forest Lake6583-21.7$319,000$333,604-4.4
Lake St. Croix Beach440$310,000$281,50010.1
Newport171241.7$310,000$285,0008.8
Birchwood Village34-25$307,000$530,000-42.1

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