All Property Types
This summary focuses on the overall growth of residential, apartment, commercial, industrial and agricultural properties and compares 2023 to previous years.
Market Summary
Total growth in the 2023 assessed value of Ramsey County real property was $4.37 billion, with $2.02 billion of the growth in value coming from residential property. The total assessed estimated market value of Ramsey County property for 2023, taxes payable 2024, is $74.21 billion, up from last year’s $69.84 billion (not including personal property, utilities and railroad).
The total countywide increase in market value of $4.37 billion, included $1.11 billion of value from new construction. As of the 2023 assessment, total estimated market value is now $35.6 billion above the most recent low point in the real estate cycle (2012 assessment).
Estimated Market Value Totals
Estimated market value percent changes from 2022 to 2023 assessments.