Newport home prices rose in the third quarter of 2021

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The median sale price of a home sold in the third quarter of 2021 in Newport rose by $3,500 while total sales increased by 150%, according to BlockShopper.com.

From July through September of 2021, there were 20 homes sold, with a median sale price of $250,000 - a 1.4% increase over the $246,500 median sale price for the same period of the previous year. There were eight homes sold in Newport in the third quarter of 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 the third quarter of 2021.

The following table compares Newport to other Washington County cities with similar median sale prices in the third quarter of 2021:

CityJuly - Sept. 2021 Home SalesJuly - Sept. 2020 Home Sales% change (Total Home Sales)July - Sept. 2021 Median Sales PriceJuly - Sept. 2020 Median Sales Price% change (Median Sales Price)
Cottage Grove16310161.4%$345,000$310,00011.3%
St. Marys Point31200%$345,000$450,000-23.3%
Forest Lake797012.9%$338,597.03$297,00014%
Bayport810-20%$329,950$458,997.50-28.1%
Lake St. Croix Beach660%$297,500$270,50010%
Oak Park Heights14140%$295,450$215,25037.3%
Oakdale1399940.4%$285,000$274,0004%
St. Paul Park291593.3%$280,000$241,50015.9%
Willernie13-66.7%$277,500$210,00032.1%
Hugo786618.2%$267,477.50$239,50011.7%
Newport208150%$250,000$246,5001.4%

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