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Minnesota State Wire

Sunday, May 19, 2024

Median home prices in Woodbury rose to $375,000 in the first quarter of 2022

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The median sale price of a home sold in the first quarter of 2022 in Woodbury rose by $40,100 while total sales decreased by 4.2%, according to BlockShopper.com.

From January through March of 2022, there were 160 homes sold, with a median sale price of $375,000 - a 12% increase over the $334,900 median sale price for the same period of the previous year. There were 167 homes sold in Woodbury in the first quarter of 2021.

The median sales tax in Woodbury for the most recent year with available data, 2020, was $4,149, approximately 1.1% of the median home sale price for the first quarter of 2022.

The following table compares Woodbury to other Washington County cities with similar median sale prices in the first quarter of 2022:

CityJan. - Mar. 2022 Home SalesJan. - Mar. 2021 Home Sales% change (Total Home Sales)Jan. - Mar. 2022 Median Sales PriceJan. - Mar. 2021 Median Sales Price% change (Median Sales Price)
Lakeland Shores20-$495,000$0-
Birchwood Village220%$486,250$371,00031.1%
Afton36-50%$410,000$950,000-56.8%
Stillwater756711.9%$390,000$389,2500.2%
Mahtomedi187157.1%$386,500$303,00027.6%
Woodbury160167-4.2%$375,000$334,90012%
Oak Park Heights37-57.1%$370,000$285,00029.8%
Bayport812-33.3%$355,000$335,6255.8%
St. Paul Park1113-15.4%$335,000$257,00030.4%
Forest Lake5257-8.8%$335,000$250,00034%
Cottage Grove7276-5.3%$325,000$307,5005.7%

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