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Minnesota State Wire

Thursday, November 7, 2024

Median home prices in Nowthen fell to $378,000 in the second half of 2020

Realestate5

The median sale price of a home sold in the second half of 2020 in Nowthen fell by $20,000 while total sales increased by 7.1%, according to BlockShopper.com.

From July through December of 2020, there were 15 homes sold, with a median sale price of $378,000 - a 5% decrease over the $398,000 median sale price for the same period of the previous year. There were 14 homes sold in Nowthen in the second half of 2019.

The median sales tax in Nowthen for the most recent year with available data, 2019, was $3,251, approximately 0.9% of the median home sale price for the second half of 2020.

The following table compares Nowthen 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)
Ham Lake52520%$387,450$353,0009.8%
Nowthen15147.1%$378,000$398,000-5%
Columbus1621-23.8%$358,200$349,9002.4%
Andover162174-6.9%$350,000$320,0009.4%
Lino Lakes746513.8%$344,000$290,00018.6%
Oak Grove4042-4.8%$342,500$330,0003.8%
Martin Lake48-50%$322,450$228,50041.1%
Linwood191711.8%$320,000$370,000-13.5%
East Bethel4260-30%$309,500$270,25014.5%
Ramsey136140-2.9%$300,000$279,2007.4%
Blaine321336-4.5%$295,000$267,00010.5%

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