In January 2019, there were four homes sold, with a median sale price of $158,000 - a 21.6% decrease over the $201,500 median sale price for the same period of the previous year. There were five homes sold in Spring Lake Park in January 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 1.7%.
The following table compares Spring Lake Park to other Anoka County cities with similar median sales prices in January 2019:
| City | Jan. 2019 Home Sales | Jan. 2018 Home Sales | % change (Total Home Sales) | Jan. 2019 Median Sales Price | Jan. 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Blaine | 50 | 38 | 31.6% | $242,450 | $241,000 | 0.6% |
| Lexington | 1 | 0 | - | $232,500 | $0 | - |
| Linwood | 1 | 1 | 0% | $225,000 | $232,000 | -3% |
| Circle Pines | 7 | 10 | -30% | $225,000 | $199,200 | 13% |
| Coon Rapids | 43 | 46 | -6.5% | $221,450 | $219,250 | 1% |
| St. Francis | 6 | 4 | 50% | $215,000 | $218,000 | -1.4% |
| Anoka | 7 | 18 | -61.1% | $210,000 | $243,450 | -13.7% |
| Centerville | 3 | 2 | 50% | $187,000 | $266,325 | -29.8% |
| Lino Lakes | 9 | 16 | -43.8% | $180,100 | $289,900 | -37.9% |
| Spring Lake Park | 4 | 5 | -20% | $158,000 | $201,500 | -21.6% |
| Columbia Heights | 12 | 17 | -29.4% | $148,500 | $188,500 | -21.2% |
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