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Minnesota State Wire

Wednesday, November 6, 2024

Coon Rapids 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 Coon Rapids rose by $13,500 while total sales decreased by 19.3%, according to BlockShopper.com.

From July through September of 2019, there were 293 homes sold, with a median sale price of $240,000 - a 6% increase over the $226,500 median sale price for the same period of the previous year. There were 363 homes sold in Coon Rapids in the third quarter of 2018.

The median sales tax in Coon Rapids for 2019 was $2,465. In 2018, the median sales tax was $2,221. This marks an increase of 11%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1%.

The following table compares Coon Rapids 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)
Centerville1021-52.4%$268,950$300,000-10.4%
Blaine273366-25.4%$267,000$247,7507.8%
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%

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