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Anoka Times

Saturday, November 23, 2024

How did home prices perform in Oak Grove during the first half of 2022?

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The median sale price of a home sold in the first half of 2022 in Oak Grove rose by $34,750 while total sales decreased by 35 percent, according to BlockShopper.com.

From January through June, there were 26 homes sold, with a median sale price of $443,250 - an 8.5 percent increase over the $408,500 median sale price for the same period of the previous year. There were 40 homes sold in Oak Grove in the first half of 2021.

The median sales tax in Oak Grove for the most recent year with available data, 2019, was $2,448, approximately 0.6 percent of the median home sale price for the first half of 2022.

The following table compares Oak Grove to other Anoka County cities with similar median sale prices in the first half of 2022:

CityJanuary - June 2022 Home SalesJanuary - June 2021 Home Sales% change (Total Home Sales)January - June 2022 Median Sales PriceJanuary - June 2021 Median Sales Price% change (Median Sales Price)
Nowthen1420-30$453,000$412,5009.8
Ham Lake64598.5$443,500$375,00018.3
Oak Grove2640-35$443,250$408,5008.5
Andover145155-6.5$425,000$375,00013.3
Lino Lakes1018716.1$400,000$360,00011.1
Linwood211723.5$377,000$350,0007.7
Centerville1626-38.5$361,250$327,50010.3
Ramsey1441402.9$350,000$330,0006.1
East Bethel38365.6$347,500$324,7497
Blaine37934410.2$340,000$310,5259.5
St. Francis4145-8.9$325,000$280,00016.1

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