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Minnesota State Wire

Wednesday, November 6, 2024

Ham Lake 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 Ham Lake rose by $39,000 while total sales decreased by 33.9%, according to BlockShopper.com.

From July through September of 2019, there were 39 homes sold, with a median sale price of $355,000 - a 12.3% increase over the $316,000 median sale price for the same period of the previous year. There were 59 homes sold in Ham Lake in the third quarter of 2018.

The median sales tax in Ham Lake for 2019 was $3,140. In 2018, the median sales tax was $2,956. This marks an increase of 6.2%. 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 Ham Lake 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)
Nowthen1215-20%$398,000$314,90026.4%
Linwood1317-23.5%$370,000$276,50033.8%
Ham Lake3959-33.9%$355,000$316,00012.3%
Columbus181612.5%$349,950$380,500-8%
Oak Grove3738-2.6%$345,000$307,50012.2%
Andover14411921%$320,000$287,50011.3%
Lino Lakes4975-34.7%$295,000$277,0006.5%
Ramsey114128-10.9%$279,950$240,00016.6%
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%

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