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Minnesota State Wire

Thursday, November 7, 2024

What happened to the median home price in Fridley during the second half of 2020?

Realestate5

The median sale price of a home sold in the second half of 2020 in Fridley rose by $6,500 while total sales increased by 2.5%, according to BlockShopper.com.

From July through December of 2020, there were 123 homes sold, with a median sale price of $250,000 - a 2.7% increase over the $243,500 median sale price for the same period of the previous year. There were 120 homes sold in Fridley in the second half of 2019.

The median sales tax in Fridley for the most recent year with available data, 2019, was $2,816, approximately 1.1% of the median home sale price for the second half of 2020.

The following table compares Fridley to other Anoka County cities with similar median sale prices in the second half of 2020:

CityJuly - Dec. 2020 Home SalesJuly - Dec. 2019 Home Sales% change (Total Home Sales)July - Dec. 2020 Median Sales PriceJuly - Dec. 2019 Median Sales Price% change (Median Sales Price)
Blaine321336-4.5%$295,000$267,00010.5%
Centerville12119.1%$271,500$264,9002.5%
Coon Rapids3693486%$265,000$236,00012.3%
Lexington57-28.6%$262,000$250,0004.8%
Spring Lake Park2628-7.1%$261,700$224,75016.4%
Anoka6369-8.7%$260,000$229,90013.1%
Fridley1231202.5%$250,000$243,5002.7%
Circle Pines2040-50%$249,250$212,75017.2%
Columbia Heights1061023.9%$246,150$226,5008.7%
St. Francis4347-8.5%$245,000$232,0005.6%
Bethel3250%$225,000$233,950-3.8%

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