What happened to the median home price in Newport during January 2021?

Medium re 14

The median sale price of a home sold in January 2021 in Newport rose by $62,500 while total sales increased by 150%, according to BlockShopper.com.

In January 2021, there were five homes sold, with a median sale price of $255,000 - a 32.5% increase over the $192,500 median sale price for the same period of the previous year. There were two homes sold in Newport in January 2020.

The median sales tax in Newport for the most recent year with available data, 2020, was $3,373, approximately 1.3% of the median home sale price for January 2021.

The following table compares Newport to other Washington County cities with similar median sale prices in January 2021:

CityJan. 2021 Home SalesJan. 2020 Home Sales% change (Total Home Sales)Jan. 2021 Median Sales PriceJan. 2020 Median Sales Price% change (Median Sales Price)
Cottage Grove242114.3%$309,500$268,00015.5%
Forest Lake1115-26.7%$276,000$240,00015%
St. Paul Park34-25%$252,000$138,75081.6%
Oak Park Heights15-80%$174,900$270,000-35.2%

Blockshopper green logo