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Anoka Times

Saturday, November 23, 2024

Linwood home prices rise in the fourth quarter of 2018

Realestate5

The median sale price of a home sold in the fourth quarter of 2018 in Linwood rose by $29,650 while total sales increased by 35.7%, according to BlockShopper.com.

From October through December of 2018, there were 19 homes sold, with a median sale price of $299,900 - a 11% increase over the $270,250 median sale price for the same period of the previous year. There were 14 homes sold in Linwood in the fourth quarter of 2017.

The median sales tax in Linwood for 2018 was $2,280. In 2014, the median sales tax was $1,942. This marks an increase of 17.3%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 0.8%.

The following table compares Linwood 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)
Linwood191435.7%$299,900$270,25011%
Martin Lake12-50%$299,900$200,00050%
Ham Lake473823.7%$295,000$273,9197.7%
Andover99100-1%$285,000$272,3504.6%
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%

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