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Saturday, November 23, 2024

First half of 2022: Ramsey experienced a 6.1% increase in median home prices

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The median sale price of a home sold in the first half of 2022 in Ramsey rose by $20,000 while total sales increased by 2.9 percent, according to BlockShopper.com.

From January through June, there were 144 homes sold, with a median sale price of $350,000 - a 6.1 percent increase over the $330,000 median sale price for the same period of the previous year. There were 140 homes sold in Ramsey in the first half of 2021.

The median sales tax in Ramsey for the most recent year with available data, 2019, was $2,827, approximately 0.8 percent of the median home sale price for the first half of 2022.

The following table compares Ramsey to other Anoka County cities with similar median sale prices in the first half of 2022:

CityJanuary - June 2022 Home SalesJanuary - June 2021 Home Sales% change (Total Home Sales)January - June 2022 Median Sales PriceJanuary - June 2021 Median Sales Price% change (Median Sales Price)
Oak Grove2640-35$443,250$408,5008.5
Andover145155-6.5$425,000$375,00013.3
Lino Lakes1018716.1$400,000$360,00011.1
Linwood211723.5$377,000$350,0007.7
Centerville1626-38.5$361,250$327,50010.3
Ramsey1441402.9$350,000$330,0006.1
East Bethel38365.6$347,500$324,7497
Blaine37934410.2$340,000$310,5259.5
St. Francis4145-8.9$325,000$280,00016.1
Coon Rapids3603551.4$312,216$275,00013.5
Fridley15313612.5$307,500$280,0009.8

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