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Anoka Times

Saturday, November 23, 2024

Fridley 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 Fridley rose by $18,450 while total sales increased by 57.6%, according to BlockShopper.com.

From October through December of 2018, there were 104 homes sold, with a median sale price of $219,950 - a 9.2% increase over the $201,500 median sale price for the same period of the previous year. There were 66 homes sold in Fridley in the fourth quarter of 2017.

The median sales tax in Fridley for 2018 was $2,539. In 2014, the median sales tax was $1,893. This marks an increase of 34.1%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.2%.

The following table compares Fridley 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)
East Bethel40400%$242,500$244,175-0.7%
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%

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