In July 2019, there were 21 homes sold, with a median sale price of $285,000 - a 8.1% decrease over the $310,000 median sale price for the same period of the previous year. There were 13 homes sold in Lino Lakes in July 2018.
The median sales tax in Lino Lakes for 2019 was $3,738. In 2018, the median sales tax was $3,243. This marks an increase of 15.3%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.3%.
The following table compares Lino Lakes 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) |
|---|---|---|---|---|---|---|
| Ham Lake | 15 | 16 | -6.3% | $351,000 | $316,000 | 11.1% |
| Nowthen | 3 | 2 | 50% | $324,900 | $237,500 | 36.8% |
| Oak Grove | 15 | 11 | 36.4% | $319,000 | $280,000 | 13.9% |
| 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% |
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