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In September 2018, there were seven homes sold, with a median sale price of $199,900 - a 12.3% increase over the $178,035 median sale price for the same period of the previous year. There were three homes sold in Spring Lake Park in September 2017.
The median sales tax in Spring Lake Park for 2018 was $2,389. In 2014, the median sales tax was $2,120. This marks an increase of 12.7%. 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 Spring Lake Park to other Anoka County cities with similar median sales prices in September 2018:
| City | Sept. 2018 Home Sales | Sept. 2017 Home Sales | % change (Total Home Sales) | Sept. 2018 Median Sales Price | Sept. 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Blaine | 113 | 70 | 61.4% | $250,000 | $242,750 | 3% |
| Ramsey | 42 | 39 | 7.7% | $244,900 | $229,900 | 6.5% |
| Anoka | 17 | 14 | 21.4% | $228,800 | $176,450 | 29.7% |
| East Bethel | 15 | 19 | -21.1% | $223,050 | $257,710 | -13.4% |
| Coon Rapids | 116 | 59 | 96.6% | $221,450 | $198,000 | 11.8% |
| St. Francis | 14 | 15 | -6.7% | $216,500 | $195,000 | 11% |
| Circle Pines | 6 | 5 | 20% | $215,750 | $179,900 | 19.9% |
| Fridley | 45 | 24 | 87.5% | $203,000 | $194,875 | 4.2% |
| Spring Lake Park | 7 | 3 | 133.3% | $199,900 | $178,035 | 12.3% |
| Columbia Heights | 39 | 13 | 200% | $190,000 | $199,000 | -4.5% |
| Lexington | 2 | 3 | -33.3% | $162,500 | $207,000 | -21.5% |
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