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Thursday, November 7, 2024

Rising home prices in East Bethel in the fourth quarter of 2020

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The median sale price of a home sold in the fourth quarter of 2020 in East Bethel rose by $22,000 while total sales increased by 91.7%, according to BlockShopper.com.

From October through December of 2020, there were 23 homes sold, with a median sale price of $333,000 - a 7.1% increase over the $311,000 median sale price for the same period of the previous year. There were 12 homes sold in East Bethel in the fourth quarter of 2019.

The median sales tax in East Bethel for the most recent year with available data, 2019, was $2,679, approximately 0.8% of the median home sale price for the fourth quarter of 2020.

The following table compares East Bethel to other Anoka County cities with similar median sale prices in the fourth quarter of 2020:

CityOct. - Dec. 2020 Home SalesOct. - Dec. 2019 Home Sales% change (Total Home Sales)Oct. - Dec. 2020 Median Sales PriceOct. - Dec. 2019 Median Sales Price% change (Median Sales Price)
Ham Lake181338.5%$392,500$289,90035.4%
Columbus5366.7%$366,400$300,00022.1%
Oak Grove225340%$352,500$304,90015.6%
Martin Lake110%$340,000$70,000385.7%
Andover573090%$339,000$320,0005.9%
East Bethel231291.7%$333,000$311,0007.1%
Blaine1216392.1%$308,000$265,00016.2%
Ramsey6126134.6%$305,000$267,00014.2%
Lexington110%$295,000$285,0003.5%
Linwood84100%$288,958.50$355,000-18.6%
Lino Lakes231643.8%$285,000$273,0004.4%

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