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Anoka Times

Saturday, November 23, 2024

Anoka home prices rise in the fourth quarter of 2018

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The median sale price of a home sold in the fourth quarter of 2018 in Anoka rose by $5,750 while total sales increased by 12.2%, according to BlockShopper.com.

From October through December of 2018, there were 46 homes sold, with a median sale price of $213,750 - a 2.8% increase over the $208,000 median sale price for the same period of the previous year. There were 41 homes sold in Anoka in the fourth quarter of 2017.

The median sales tax in Anoka for 2018 was $2,094. In 2014, the median sales tax was $1,666. This marks an increase of 25.7%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1%.

The following table compares Anoka to other Anoka County cities with similar median sales prices in the fourth quarter of 2018:

CityOct. - Dec. 2018 Home SalesOct. - Dec. 2017 Home Sales% change (Total Home Sales)Oct. - Dec. 2018 Median Sales PriceOct. - Dec. 2017 Median Sales Price% change (Median Sales Price)
Blaine25615466.2%$242,500$242,4500%
Columbus410-60%$236,500$308,750-23.4%
Bethel3250%$230,000$151,875.9351.4%
St. Francis372176.2%$222,000$197,15012.6%
Fridley1046657.6%$219,950$201,5009.2%
Coon Rapids26119533.8%$215,820$205,8504.8%
Anoka464112.2%$213,750$208,0002.8%
Circle Pines278237.5%$209,900$176,50018.9%
Spring Lake Park302330.4%$209,500$203,5002.9%
Columbia Heights988219.5%$195,000$183,9506%
Lexington8714.3%$184,550$240,000-23.1%

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