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Anoka Times

Saturday, November 23, 2024

East Bethel home prices fall 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 East Bethel fell by $1,675 while total sales remained unchanged with 40 homes sold, according to BlockShopper.com.

From October through December of 2018, there were 40 homes sold, with a median sale price of $242,500 - a 0.7% decrease over the $244,175 median sale price for the same period of the previous year. There were 40 homes sold in East Bethel in the fourth quarter of 2017, as well.

The median sales tax in East Bethel for 2018 was $2,595. In 2014, the median sales tax was $2,289. This marks an increase of 13.3%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.1%.

The following table compares East 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)
Nowthen11683.3%$280,000$320,450-12.6%
Lino Lakes594143.9%$280,000$286,000-2.1%
Oak Grove221637.5%$275,500$314,500-12.4%
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%

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