In July 2019, there were two homes sold, with a median sale price of $252,500 - a 19.7% increase over the $211,000 median sale price for the same period of the previous year. There were four homes sold in Lexington in July 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 1.2%.
The following table compares Lexington to other Anoka County cities with similar median sales prices in July 2019:
| City | July 2019 Home Sales | July 2018 Home Sales | % change (Total Home Sales) | July 2019 Median Sales Price | July 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Andover | 58 | 28 | 107.1% | $315,000 | $286,250 | 10% |
| Centerville | 5 | 5 | 0% | $309,000 | $296,500 | 4.2% |
| Lino Lakes | 21 | 13 | 61.5% | $285,000 | $310,000 | -8.1% |
| Ramsey | 48 | 26 | 84.6% | $274,950 | $255,250 | 7.7% |
| Blaine | 119 | 68 | 75% | $265,000 | $239,500 | 10.6% |
| Lexington | 2 | 4 | -50% | $252,500 | $211,000 | 19.7% |
| East Bethel | 19 | 10 | 90% | $252,216 | $293,950 | -14.2% |
| Linwood | 3 | 2 | 50% | $250,000 | $395,500 | -36.8% |
| Fridley | 45 | 21 | 114.3% | $245,000 | $205,900 | 19% |
| Anoka | 14 | 10 | 40% | $236,000 | $209,000 | 12.9% |
| Coon Rapids | 118 | 72 | 63.9% | $232,000 | $227,450 | 2% |
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