From April through June of 2019, there were six homes sold, with a median sale price of $195,175 - a 3.6% decrease over the $202,500 median sale price for the same period of the previous year. There were five homes sold in Lexington in the second quarter of 2018.
The median sales tax in Lexington for 2019 was $3,015. In 2018, the median sales tax was $2,480. This marks an increase of 21.6%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.5%.
The following table compares Lexington to other Anoka County cities with similar median sales prices in the second quarter of 2019:
| City | Apr. - June 2019 Home Sales | Apr. - June 2018 Home Sales | % change (Total Home Sales) | Apr. - June 2019 Median Sales Price | Apr. - June 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Blaine | 289 | 273 | 5.9% | $270,000 | $245,000 | 10.2% |
| Linwood | 12 | 15 | -20% | $258,000 | $325,000 | -20.6% |
| Fridley | 94 | 105 | -10.5% | $241,000 | $226,000 | 6.6% |
| St. Francis | 34 | 34 | 0% | $241,000 | $230,000 | 4.8% |
| Coon Rapids | 276 | 255 | 8.2% | $238,262.50 | $228,000 | 4.5% |
| Spring Lake Park | 20 | 32 | -37.5% | $232,250 | $209,000 | 11.1% |
| Anoka | 55 | 71 | -22.5% | $230,000 | $225,000 | 2.2% |
| Columbia Heights | 109 | 68 | 60.3% | $222,000 | $210,500 | 5.5% |
| Circle Pines | 35 | 18 | 94.4% | $217,000 | $247,500 | -12.3% |
| Lexington | 6 | 5 | 20% | $195,174.50 | $202,500 | -3.6% |
| Bethel | 2 | 0 | - | $163,950 | $0 | - |
Alerts Sign-up