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Minnesota State Wire

Thursday, November 7, 2024

Lino Lakes home prices rise in June 2020

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The median sale price of a home sold in June 2020 in Lino Lakes rose by $40,500 while total sales decreased by 65.5%, according to BlockShopper.com.

In June 2020, there were 10 homes sold, with a median sale price of $332,500 - a 13.9% increase over the $292,000 median sale price for the same period of the previous year. There were 29 homes sold in Lino Lakes in June 2019.

The median sales tax in Lino Lakes for the most recent year with available data, 2019, was $3,738, approximately 1.1% of the median home sale price for June 2020.

The following table compares Lino Lakes to other Anoka County cities with similar median sales prices in June 2020:

CityJune 2020 Home SalesJune 2019 Home Sales% change (Total Home Sales)June 2020 Median Sales PriceJune 2019 Median Sales Price% change (Median Sales Price)
Ham Lake420-80%$405,750$340,77519.1%
Linwood31200%$370,000$135,000174.1%
Ramsey2249-55.1%$342,300$270,00026.8%
Andover2464-62.5%$340,000$330,0003%
East Bethel312-75%$335,000$275,70021.5%
Lino Lakes1029-65.5%$332,500$292,00013.9%
Martin Lake21100%$323,750$329,900-1.9%
Oak Grove69-33.3%$313,500$280,00012%
Columbus110%$310,000$288,0007.6%
Blaine43113-61.9%$272,000$272,0000%
Columbia Heights1340-67.5%$260,000$216,50020.1%

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