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Minnesota State Wire

Tuesday, November 5, 2024

Bethel home prices rise in the third quarter of 2019

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The median sale price of a home sold in the third quarter of 2019 in Bethel rose by $83,950 while total sales decreased by 33.3%, according to BlockShopper.com.

From July through September of 2019, there were two homes sold, with a median sale price of $233,950 - a 56% increase over the $150,000 median sale price for the same period of the previous year. There were three homes sold in Bethel in the third quarter of 2018.

The median sales tax in Bethel for 2019 was $2,158. In 2018, the median sales tax was $1,969. This marks an increase of 9.6%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 0.9%.

The following table compares Bethel to other Anoka County cities with similar median sales prices in the third quarter of 2019:

CityJuly - Sept. 2019 Home SalesJuly - Sept. 2018 Home Sales% change (Total Home Sales)July - Sept. 2019 Median Sales PriceJuly - Sept. 2018 Median Sales Price% change (Median Sales Price)
East Bethel4858-17.2%$264,800$265,000-0.1%
Lexington69-33.3%$247,450$180,00037.5%
Fridley99136-27.2%$245,000$212,25015.4%
Coon Rapids293363-19.3%$240,000$226,5006%
St. Francis3045-33.3%$239,200$224,0006.8%
Martin Lake7616.7%$237,000$289,500-18.1%
Bethel23-33.3%$233,950$150,00056%
Anoka5960-1.7%$226,500$221,8502.1%
Columbia Heights87103-15.5%$225,000$205,0009.8%
Spring Lake Park2733-18.2%$223,500$230,000-2.8%
Circle Pines343013.3%$210,000$208,7500.6%

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