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Anoka Times

Saturday, November 23, 2024

Bethel 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 Bethel rose by $78,124 while total sales increased by 50%, according to BlockShopper.com.

From October through December of 2018, there were three homes sold, with a median sale price of $230,000 - a 51.4% increase over the $151,876 median sale price for the same period of the previous year. There were two homes sold in Bethel in the fourth quarter of 2017.

The median sales tax in Bethel for 2018 was $1,969. In 2014, the median sales tax was $1,752. This marks an increase of 12.4%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 0.9%.

The following table compares Bethel 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)
Centerville10100%$266,500$243,2509.6%
Ramsey1097938%$250,600$234,9006.7%
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%

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