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Anoka Times

Wednesday, October 2, 2024

Rising home prices in Spring Lake Park (Anoka County) in the first half of 2022

Realestate3

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The median sale price of a home sold in the first half of 2022 in Spring Lake Park in Anoka County rose by $29,000 while total sales increased by 104 percent, according to BlockShopper.com.

From January through June, there were 51 homes sold, with a median sale price of $299,000 - a 10.7 percent increase over the $270,000 median sale price for the same period of the previous year. There were 25 homes sold in Spring Lake Park in the first half of 2021.

The median sales tax in Spring Lake Park for the most recent year with available data, 2019, was $2,641, approximately 0.9 percent of the median home sale price for the first half of 2022.

The following table compares Spring Lake Park 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)
St. Francis4145-8.9$325,000$280,00016.1
Coon Rapids3603551.4$312,216$275,00013.5
Fridley15313612.5$307,500$280,0009.8
Columbus1012-16.7$305,000$405,650-24.8
Martin Lake12-50$300,000$379,061-20.9
Spring Lake Park5125104$299,000$270,00010.7
Anoka93876.9$295,000$289,9001.8
Lexington9580$290,000$250,00016
Columbia Heights132145-9$287,450$265,0008.5
Circle Pines382931$282,500$253,50011.4
Bethel35-40$280,000$200,00040
* This story only considers sales data for the part of Spring Lake Park that is in Anoka County.

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