In May 2019, there were three homes sold, with a median sale price of $135,000 - a 32.5% decrease over the $200,000 median sale price for the same period of the previous year. There were three homes sold in Lexington in May 2018, as well.
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 2.2%.
The following table compares Lexington to other Anoka County cities with similar median sales prices in May 2019:
| City | May 2019 Home Sales | May 2018 Home Sales | % change (Total Home Sales) | May 2019 Median Sales Price | May 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Linwood | 5 | 5 | 0% | $265,000 | $310,000 | -14.5% |
| St. Francis | 11 | 14 | -21.4% | $253,000 | $245,000 | 3.3% |
| Spring Lake Park | 9 | 18 | -50% | $245,000 | $210,000 | 16.7% |
| Fridley | 33 | 36 | -8.3% | $241,000 | $225,500 | 6.9% |
| Coon Rapids | 95 | 79 | 20.3% | $225,000 | $235,000 | -4.3% |
| Circle Pines | 14 | 8 | 75% | $221,000 | $306,500 | -27.9% |
| Columbia Heights | 38 | 27 | 40.7% | $220,000 | $211,000 | 4.3% |
| Anoka | 16 | 20 | -20% | $215,500 | $222,500 | -3.1% |
| Martin Lake | 1 | 1 | 0% | $187,000 | $294,000 | -36.4% |
| Lexington | 3 | 3 | 0% | $135,000 | $200,000 | -32.5% |
| Bethel | 1 | 0 | - | $109,900 | $0 | - |
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