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Thursday, November 7, 2024

Home prices increased in Afton 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 Afton rose by $8,000 while total sales increased by 64.3%, according to BlockShopper.com.

From July through December of 2020, there were 23 homes sold, with a median sale price of $509,000 - a 1.6% increase over the $501,000 median sale price for the same period of the previous year. There were 14 homes sold in Afton in the second half of 2019.

The median sales tax in Afton for 2020 was $4,799. In 2019, the median sales tax was $4,635. This marks an increase of 3.5%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 0.9%.

The following table compares Afton to other Washington 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)
Lakeland Shores12-50%$1,625,000$380,000327.6%
Dellwood28-75%$1,581,000$602,000162.6%
Hastings610-40%$515,500$573,750-10.2%
Afton231464.3%$509,000$501,0001.6%
Lake Elmo3842-9.5%$499,950$481,0743.9%
St. Marys Point110%$450,000$191,000135.6%
Grant2432-25%$441,000$536,250-17.8%
Birchwood Village719-63.2%$390,000$360,0008.3%
Bayport1426-46.2%$387,750$262,50047.7%
Scandia2226-15.4%$377,500$350,0007.9%
Marine on St. Croix17-85.7%$374,605$550,000-31.9%

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