In February 2022, there were nine homes sold, with a median sale price of $290,000 - a 27.7% decrease over the $401,000 median sale price for the same period of the previous year. There were eight homes sold in Lino Lakes in February 2021.
The median sales tax in Lino Lakes for the most recent year with available data, 2019, was $3,738, approximately 1.3% of the median home sale price for February 2022.
The following table compares Lino Lakes to other Anoka County cities with similar median sale prices in February 2022:
| City | Feb. 2022 Home Sales | Feb. 2021 Home Sales | % change (Total Home Sales) | Feb. 2022 Median Sales Price | Feb. 2021 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Andover | 9 | 11 | -18.2% | $461,000 | $365,000 | 26.3% |
| Spring Lake Park | 5 | 4 | 25% | $350,000 | $206,500 | 69.5% |
| Anoka | 4 | 9 | -55.6% | $344,500 | $260,000 | 32.5% |
| Ramsey | 9 | 14 | -35.7% | $320,000 | $301,100 | 6.3% |
| Fridley | 10 | 14 | -28.6% | $315,000 | $236,750 | 33.1% |
| Coon Rapids | 23 | 32 | -28.1% | $310,000 | $226,500 | 36.9% |
| Blaine | 17 | 29 | -41.4% | $297,000 | $252,000 | 17.9% |
| Lino Lakes | 9 | 8 | 12.5% | $290,000 | $401,000 | -27.7% |
| Circle Pines | 1 | 3 | -66.7% | $270,000 | $265,000 | 1.9% |
| Columbia Heights | 10 | 22 | -54.5% | $230,450 | $268,750 | -14.3% |
| St. Francis | 2 | 4 | -50% | $217,500 | $271,500 | -19.9% |
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