Oak Park Heights home prices fall in the third quarter of 2020

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The median sale price of a home sold in the third quarter of 2020 in Oak Park Heights fell by $57,000 while total sales decreased by 42.1%, according to BlockShopper.com.

From July through September of 2020, there were 11 homes sold, with a median sale price of $195,500 - a 22.6% decrease over the $252,500 median sale price for the same period of the previous year. There were 19 homes sold in Oak Park Heights in the third quarter of 2019.

The median sales tax in Oak Park Heights for the most recent year with available data, 2015, was $2,534, approximately 1.3% of the median home sale price for the third quarter of 2020.

The following table compares Oak Park Heights to other Washington County cities with similar median sales prices in the third quarter of 2020:

CityJuly - Sept. 2020 Home SalesJuly - Sept. 2019 Home Sales% change (Total Home Sales)July - Sept. 2020 Median Sales PriceJuly - Sept. 2019 Median Sales Price% change (Median Sales Price)
Cottage Grove87235-63%$310,000$275,00012.7%
Forest Lake63135-53.3%$299,000$299,0000%
Lake St. Croix Beach58-37.5%$271,000$254,0006.7%
St. Paul Park1127-59.3%$241,500$218,40010.6%
Oak Park Heights1119-42.1%$195,500$252,500-22.6%

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