Lexington home prices rise in the first quarter of 2017

Lexington home prices rise in the first quarter of 2017
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The median sale price of a home sold in the first quarter of 2017 in Lexington rose by $9,210 while total sales remained unchanged with three homes sold, according to BlockShopper.com.

From January through March of 2017, there were three homes sold, with a median sale price of $200,210 – a 4.8% increase over the $191,000 median sale price for the same period of the previous year. There were three homes sold in Lexington in the first quarter of 2016, as well.

The median sales tax in Lexington for the most recent year with available data, 2014, was $2,281, approximately 1.1% of the median home sale price for the first quarter of 2017.

The following table compares Lexington to other Anoka County cities with similar median sales prices in the first quarter of 2017:

City Jan. – Mar. 2017 Home Sales Jan. – Mar. 2016 Home Sales % change (Total Home Sales) Jan. – Mar. 2017 Median Sales Price Jan. – Mar. 2016 Median Sales Price % change (Median Sales Price)
Nowthen 12 10 20% $251,450 $300,000 -16.2%
East Bethel 23 27 -14.8% $240,000 $215,000 11.6%
Ramsey 60 57 5.3% $239,400 $242,900 -1.4%
Oak Grove 14 12 16.7% $236,537.50 $208,500 13.4%
Blaine 154 193 -20.2% $206,750 $205,000 0.9%
Lexington 3 3 0% $200,210 $191,000 4.8%
Circle Pines 7 17 -58.8% $200,000 $159,900 25.1%
Bethel 1 0 – $197,000 $0 –
St. Francis 35 26 34.6% $194,053 $184,000 5.5%
Anoka 35 39 -10.3% $193,000 $174,900 10.3%
Coon Rapids 149 187 -20.3% $192,000 $175,000 9.7%


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