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Anoka Times

Wednesday, November 27, 2024

What happened to the median home price in Andover during the third quarter of 2021?

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The median sale price of a home sold in the third quarter of 2021 in Andover rose by $30,100 while total sales increased by 36.2%, according to BlockShopper.com.

From July through September of 2021, there were 143 homes sold, with a median sale price of $390,000 - a 8.4% increase over the $359,900 median sale price for the same period of the previous year. There were 105 homes sold in Andover in the third quarter of 2020.

The median sales tax in Andover for the most recent year with available data, 2019, was $3,086, approximately 0.8% of the median home sale price for the third quarter of 2021.

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

CityJuly - Sept. 2021 Home SalesJuly - Sept. 2020 Home Sales% change (Total Home Sales)July - Sept. 2021 Median Sales PriceJuly - Sept. 2020 Median Sales Price% change (Median Sales Price)
Oak Grove231827.8%$415,000$342,50021.2%
Lino Lakes645125.5%$412,549.50$371,00011.2%
Martin Lake4333.3%$409,950$304,90034.5%
East Bethel4119115.8%$398,900$300,00033%
Ham Lake383411.8%$390,000$387,4500.7%
Andover14310536.2%$390,000$359,9008.4%
Ramsey1147552%$339,950$300,00013.3%
Centerville209122.2%$330,000$275,00020%
Blaine24020020%$320,000$287,00011.5%
Lexington440%$313,877.50$251,00025.1%
Spring Lake Park209122.2%$310,720.50$252,32023.1%

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