POTW | Thomas-Dale Neighborhood
By David Arbit on Monday, February 8th, 2016
Lovingly referred to as “Frogtown” by some, Thomas-Dale is a central St. Paul neighborhood just northwest of downtown. It lies north of I-94 and west of I-35E. The neighborhood is served by the Green Line train. This area is home to the vibrant Hmong community and there are many Asian restaurants throughout the neighborhood.
Home prices have increased threefold. The rolling 12-month median sales price has gone from $43,000 in 2012 to $130,000 today. Sure, that is predicated on a fairly low baseline value, but still.
Although prices in Frogtown lag behind those in the City of St. Paul as a whole, the gap has been fairly consistent over time.
Compared to its north-central St. Paul peer neighborhoods, however, it’s right in the mix.
Notably, on a per square footage basis, Frogtown values are ever-so-slightly above those of its peer neighborhoods.
Homes in the neighborhood spend a similar amount of time on the market as homes in the peer group. Listings go under contract after a median of 53 cumulative days on market but after an average of 72 cumulative days on market.
If you’re in the area and hunger strikes, Trieu Chau, Ngon and On’s Kitchen will not disappoint.
- A mostly strong start to the year
- On your radar: MAR inclement weather policy
- 2019 Leadership Installation and Awards Celebration
- Peek behind the curtain at MAR with Todd Urbanski
- Home Prices Reach Record High; Sales Down but Inventory Up
- Minneapolis: Proposal Adds Residential Energy Scoring Disclosures to TISH
- NEWS FROM NAR: Preparing for Possible Partial Shutdown of Federal Government
- Long-awaited inventory gains finally arrive
- Plymouth Council Votes Down Short-Term Rental Restrictions
- Position Announcement: MAR Seeks a Chief Executive Officer