The median sale price of a home sold in March 2017 in Lino Lakes rose by $109,750 while total sales increased by 17.6%, according to BlockShopper.com.
In March 2017, there were 20 homes sold, with a median sale price of $349,750 – a 45.7% increase over the $240,000 median sale price for the same period of the previous year. There were 17 homes sold in Lino Lakes in March 2016.
The median sales tax in Lino Lakes for the most recent year with available data, 2014, was $3,026, approximately 0.9% of the median home sale price for March 2017.
The following table compares Lino Lakes to other Anoka County cities with similar median sales prices in March 2017:
| City | Mar. 2017 Home Sales | Mar. 2016 Home Sales | % change (Total Home Sales) | Mar. 2017 Median Sales Price | Mar. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Centerville | 2 | 4 | -50% | $402,950 | $270,000 | 49.2% |
| Lino Lakes | 20 | 17 | 17.6% | $349,750 | $240,000 | 45.7% |
| Ham Lake | 18 | 5 | 260% | $283,500 | $340,000 | -16.6% |
| Andover | 41 | 31 | 32.3% | $270,000 | $255,000 | 5.9% |
| Oak Grove | 5 | 5 | 0% | $260,000 | $215,000 | 20.9% |
| Columbus | 7 | 6 | 16.7% | $254,000 | $203,500 | 24.8% |
| Lexington | 2 | 1 | 100% | $245,105 | $220,000 | 11.4% |
| Ramsey | 29 | 26 | 11.5% | $242,000 | $264,200 | -8.4% |
| Nowthen | 7 | 6 | 16.7% | $230,000 | $292,750 | -21.4% |
| East Bethel | 12 | 11 | 9.1% | $210,000 | $215,000 | -2.3% |
| Blaine | 73 | 98 | -25.5% | $210,000 | $212,500 | -1.2% |
