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From January through December of 2019, there were 163 homes sold, with a median sale price of $292,000 - a 2.5% increase over the $285,000 median sale price for the previous year. There were 288 homes sold in Lino Lakes in 2018.
The median sales tax in Lino Lakes for 2019 was $3,738. In 2018, the median sales tax was $3,243. This marks an increase of 15.3%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.3%.
The following table compares Lino Lakes to other Anoka County cities with similar median sales prices in 2019:
| City | Jan. - Dec. 2019 Home Sales | Jan. - Dec. 2018 Home Sales | % change (Total Home Sales) | Jan. - Dec. 2019 Median Sales Price | Jan. - Dec. 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Nowthen | 34 | 41 | -17.1% | $370,000 | $320,000 | 15.6% |
| Ham Lake | 133 | 191 | -30.4% | $342,000 | $316,000 | 8.2% |
| Columbus | 29 | 35 | -17.1% | $335,000 | $320,000 | 4.7% |
| Oak Grove | 78 | 96 | -18.8% | $313,937.50 | $299,900 | 4.7% |
| Andover | 383 | 434 | -11.8% | $313,000 | $290,000 | 7.9% |
| Lino Lakes | 163 | 288 | -43.4% | $292,000 | $285,000 | 2.5% |
| Linwood | 33 | 63 | -47.6% | $284,900 | $285,000 | -0% |
| East Bethel | 117 | 172 | -32% | $275,000 | $258,229.25 | 6.5% |
| Centerville | 34 | 58 | -41.4% | $273,270 | $264,500 | 3.3% |
| Ramsey | 329 | 472 | -30.3% | $271,500 | $246,705 | 10.1% |
| Blaine | 774 | 1,131 | -31.6% | $265,000 | $242,000 | 9.5% |
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