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Anoka Times

Saturday, November 23, 2024

Martin Lake median home prices rose by 17.1% in the first half of 2021

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The median sale price of a home sold in the first half of 2021 in Martin Lake rose by $55,311 while total sales remained unchanged with two homes sold, according to BlockShopper.com.

From January through June of 2021, there were two homes sold, with a median sale price of $379,061 - a 17.1% increase over the $323,750 median sale price for the same period of the previous year. There were two homes sold in Martin Lake in the first half of 2020, as well.

The median sales tax in Martin Lake for the most recent year with available data, 2019, was $2,187, approximately 0.6% of the median home sale price for the first half of 2021.

The following table compares Martin Lake to other Anoka County cities with similar median sale prices in the first half of 2021:

CityJan. - June 2021 Home SalesJan. - June 2020 Home Sales% change (Total Home Sales)Jan. - June 2021 Median Sales PriceJan. - June 2020 Median Sales Price% change (Median Sales Price)
Nowthen191435.7%$410,000$355,00015.5%
Oak Grove352352.2%$405,000$344,90017.4%
Linwood14137.7%$398,000$329,00021%
Martin Lake220%$379,061$323,75017.1%
Ham Lake523836.8%$376,500$349,3757.8%
Andover14412614.3%$371,000$328,00013.1%
Lino Lakes756810.3%$365,000$322,50013.2%
Columbus10825%$350,650$314,95011.3%
Ramsey113119-5%$326,000$280,00016.4%
Centerville23224.5%$325,000$287,45013.1%
East Bethel3038-21.1%$317,000$317,888-0.3%

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