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Anoka Times

Saturday, November 23, 2024

Oak Grove home prices rise in December 2018

Realestate4

The median sale price of a home sold in December 2018 in Oak Grove rose by $25,900 while total sales decreased by 40%, according to BlockShopper.com.

In December 2018, there were three homes sold, with a median sale price of $339,900 - a 8.2% increase over the $314,000 median sale price for the same period of the previous year. There were five homes sold in Oak Grove in December 2017.

The median sales tax in Oak Grove for 2018 was $2,325. In 2014, the median sales tax was $2,287. This marks an increase of 1.7%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 0.7%.

The following table compares Oak Grove to other Anoka County cities with similar median sales prices in December 2018:

CityDec. 2018 Home SalesDec. 2017 Home Sales% change (Total Home Sales)Dec. 2018 Median Sales PriceDec. 2017 Median Sales Price% change (Median Sales Price)
Linwood52150%$399,900$314,00027.4%
Columbus16-83.3%$390,000$232,999.5067.4%
Bethel110%$350,000$137,751.85154.1%
Oak Grove35-40%$339,900$314,0008.2%
Ham Lake660%$298,000$272,9509.2%
Andover2436-33.3%$283,500$293,950-3.6%
Lino Lakes131030%$280,000$270,0003.7%
Nowthen220%$271,950$329,500-17.5%
Ramsey302236.4%$269,750$239,50012.6%
Blaine564136.6%$243,500$265,000-8.1%
Centerville14-75%$230,000$221,5003.8%

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