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Anoka Times

Saturday, November 23, 2024

Lino Lakes median home prices rose by 17.8% in the second quarter of 2021

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The median sale price of a home sold in the second quarter of 2021 in Lino Lakes rose by $57,500 while total sales increased by 1.9%, according to BlockShopper.com.

From April through June of 2021, there were 53 homes sold, with a median sale price of $380,000 - a 17.8% increase over the $322,500 median sale price for the same period of the previous year. There were 52 homes sold in Lino Lakes in the second quarter of 2020.

The median sales tax in Lino Lakes for the most recent year with available data, 2019, was $3,738, approximately 1% of the median home sale price for the second quarter of 2021.

The following table compares Lino Lakes to other Anoka County cities with similar median sale prices in the second quarter of 2021:

CityApr. - June 2021 Home SalesApr. - June 2020 Home Sales% change (Total Home Sales)Apr. - June 2021 Median Sales PriceApr. - June 2020 Median Sales Price% change (Median Sales Price)
Linwood911-18.2%$450,100$335,00034.4%
Nowthen9812.5%$445,000$355,00025.4%
Oak Grove211816.7%$405,000$339,95019.1%
Lino Lakes53521.9%$380,000$322,50017.8%
Ham Lake332722.2%$376,000$375,0000.3%
Andover94913.3%$373,500$345,0008.3%
Ramsey8090-11.1%$338,500$280,00020.9%
East Bethel1229-58.6%$332,500$335,000-0.7%
Centerville15147.1%$325,000$322,4500.8%
Blaine18115913.8%$312,000$265,50017.5%
Lexington21100%$301,450$312,000-3.4%

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