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Saturday, November 23, 2024

Nowthen median home prices fell by 3.7% in Q2

Realestate4

The median sale price of a home sold in the second quarter of 2022 in Nowthen fell by $16,500 while total sales decreased by 50 percent, according to BlockShopper.com.

From April through June, there were five homes sold, with a median sale price of $431,000 - a 3.7 percent decrease from the $447,500 median sale price for the same period of the previous year. There were 10 homes sold in Nowthen in the second quarter of 2021.

The median sales tax in Nowthen for the most recent year with available data, 2019, was $3,251, approximately 0.8 percent of the median home sale price for the second quarter of 2022.

The following table compares Nowthen to other Anoka County cities with similar median sale prices in the second quarter of 2022:

CityApril - June 2022 Home SalesApril - June 2021 Home Sales% change (Total Home Sales)April - June 2022 Median Sales PriceApril - June 2021 Median Sales Price% change (Median Sales Price)
Ham Lake43407.5$455,000$373,50021.8
Oak Grove1826-30.8$450,000$412,5009.1
Andover98105-6.7$432,625$380,00013.8
Nowthen510-50$431,000$447,500-3.7
Lino Lakes6065-7.7$411,000$365,00012.6
Linwood1112-8.3$405,000$385,0005.2
Centerville1218-33.3$375,000$327,50014.5
Ramsey94107-12.1$365,500$340,0007.5
Blaine2302242.7$352,250$315,00011.8
East Bethel271850$350,000$337,5003.7
St. Francis3033-9.1$333,000$280,00018.9

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