In May 2017, there were 28 homes sold, with a median sale price of $260,000 - a 19.1% decrease over the $321,500 median sale price for the same period of the previous year. There were 16 homes sold in Lino Lakes in May 2016.
The median sales tax in Lino Lakes for the most recent year with available data, 2014, was $3,026, approximately 1.2% of the median home sale price for May 2017.
The following table compares Lino Lakes to other Anoka County cities with similar median sales prices in May 2017:
| City | May 2017 Home Sales | May 2016 Home Sales | % change (Total Home Sales) | May 2017 Median Sales Price | May 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Nowthen | 4 | 2 | 100% | $323,500 | $339,700 | -4.8% |
| Andover | 33 | 57 | -42.1% | $304,900 | $251,000 | 21.5% |
| Ham Lake | 15 | 18 | -16.7% | $288,500 | $270,000 | 6.9% |
| Oak Grove | 12 | 9 | 33.3% | $288,250 | $239,000 | 20.6% |
| Linwood | 9 | 4 | 125% | $280,000 | $353,950 | -20.9% |
| Lino Lakes | 28 | 16 | 75% | $260,000 | $321,500 | -19.1% |
| Ramsey | 49 | 46 | 6.5% | $248,500 | $223,150 | 11.4% |
| East Bethel | 11 | 12 | -8.3% | $247,100 | $243,750 | 1.4% |
| Centerville | 7 | 7 | 0% | $238,680 | $225,000 | 6.1% |
| Blaine | 104 | 114 | -8.8% | $221,000 | $209,600 | 5.4% |
| Lexington | 1 | 1 | 0% | $216,000 | $198,000 | 9.1% |
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