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Anoka Times

Wednesday, November 27, 2024

Home prices decreased in Lino Lakes during November 2021

Re 12

The median sale price of a home sold in November 2021 in Lino Lakes fell by $71,500 while total sales increased by 100%, according to BlockShopper.com.

In November 2021, there were eight homes sold, with a median sale price of $326,000 - a 18% decrease over the $397,500 median sale price for the same period of the previous year. There were four homes sold in Lino Lakes in November 2020.

The median sales tax in Lino Lakes for the most recent year with available data, 2019, was $3,738, approximately 1.1% of the median home sale price for November 2021.

The following table compares Lino Lakes to other Anoka County cities with similar median sale prices in November 2021:

CityNov. 2021 Home SalesNov. 2020 Home Sales% change (Total Home Sales)Nov. 2021 Median Sales PriceNov. 2020 Median Sales Price% change (Median Sales Price)
Circle Pines3250%$384,000$296,75029.4%
Nowthen41300%$356,250$331,0007.6%
East Bethel89-11.1%$338,000$350,000-3.4%
Ramsey1724-29.2%$336,500$301,10011.8%
Blaine3436-5.6%$327,500$291,45012.4%
Lino Lakes84100%$326,000$397,500-18%
Anoka1315-13.3%$315,000$260,00021.2%
St. Francis46-33.3%$305,000$293,0004.1%
Fridley1417-17.6%$300,000$265,00013.2%
Coon Rapids4155-25.5%$269,900$275,000-1.9%
Spring Lake Park36-50%$265,000$285,000-7%

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