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Minnesota State Wire

Saturday, November 23, 2024

Nowthen home prices rise in July 2019

Realestate1

The median sale price of a home sold in July 2019 in Nowthen rose by $87,400 while total sales increased by 50%, according to BlockShopper.com.

In July 2019, there were three homes sold, with a median sale price of $324,900 - a 36.8% increase over the $237,500 median sale price for the same period of the previous year. There were two homes sold in Nowthen in July 2018.

The median sales tax in Nowthen for 2019 was $3,251. In 2018, the median sales tax was $2,927. This marks an increase of 11.1%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1%.

The following table compares Nowthen to other Anoka County cities with similar median sales prices in July 2019:

CityJuly 2019 Home SalesJuly 2018 Home Sales% change (Total Home Sales)July 2019 Median Sales PriceJuly 2018 Median Sales Price% change (Median Sales Price)
Columbus62200%$370,250$548,500-32.5%
Ham Lake1516-6.3%$351,000$316,00011.1%
Nowthen3250%$324,900$237,50036.8%
Oak Grove151136.4%$319,000$280,00013.9%
Andover5828107.1%$315,000$286,25010%
Centerville550%$309,000$296,5004.2%
Lino Lakes211361.5%$285,000$310,000-8.1%
Ramsey482684.6%$274,950$255,2507.7%
Blaine1196875%$265,000$239,50010.6%
Lexington24-50%$252,500$211,00019.7%
East Bethel191090%$252,216$293,950-14.2%

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