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Thursday, November 7, 2024

How did home prices perform in Ham Lake during the second half of 2020?

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The median sale price of a home sold in the second half of 2020 in Ham Lake rose by $34,450 while total sales remained unchanged with 52 homes sold, according to BlockShopper.com.

From July through December of 2020, there were 52 homes sold, with a median sale price of $387,450 - a 9.8% increase over the $353,000 median sale price for the same period of the previous year. There were 52 homes sold in Ham Lake in the second half of 2019, as well.

The median sales tax in Ham Lake for the most recent year with available data, 2019, was $3,140, approximately 0.8% of the median home sale price for the second half of 2020.

The following table compares Ham Lake 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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