In May 2019, there were nine homes sold, with a median sale price of $245,000 - a 16.7% increase over the $210,000 median sale price for the same period of the previous year. There were 18 homes sold in Spring Lake Park in May 2018.
The median sales tax in Spring Lake Park for 2019 was $2,641. In 2018, the median sales tax was $2,389. This marks an increase of 10.5%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.1%.
The following table compares Spring Lake Park 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) |
|---|---|---|---|---|---|---|
| Oak Grove | 7 | 10 | -30% | $275,000 | $319,200 | -13.8% |
| Blaine | 101 | 98 | 3.1% | $270,000 | $250,000 | 8% |
| Columbus | 3 | 5 | -40% | $270,000 | $314,900 | -14.3% |
| 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% |
Alerts Sign-up