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Minnesota State Wire

Saturday, April 27, 2024

Nowthen home prices rose in March 2022

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The median sale price of a home sold in March 2022 in Nowthen rose by $285,000 while total sales remained unchanged with three homes sold, according to BlockShopper.com.

In March 2022, there were three homes sold, with a median sale price of $410,000 - a 228% increase over the $125,000 median sale price for the same period of the previous year. There were three homes sold in Nowthen in March 2021, as well.

The median sales tax in Nowthen for the most recent year with available data, 2019, was $3,251, approximately 0.8% of the median home sale price for March 2022.

The following table compares Nowthen to other Anoka County cities with similar median sale prices in March 2022:

CityMar. 2022 Home SalesMar. 2021 Home Sales% change (Total Home Sales)Mar. 2022 Median Sales PriceMar. 2021 Median Sales Price% change (Median Sales Price)
Ham Lake58-37.5%$505,000$378,00033.6%
Oak Grove46-33.3%$443,750$403,50010%
Lino Lakes11922.2%$427,300$330,00029.5%
Nowthen330%$410,000$125,000228%
Columbus220%$367,500$405,650-9.4%
Linwood23-33.3%$343,500$376,000-8.6%
Andover1623-30.4%$341,300$387,000-11.8%
East Bethel79-22.2%$340,000$295,00015.3%
Centerville35-40%$325,000$301,1007.9%
Blaine5156-8.9%$320,000$318,5000.5%
Ramsey191258.3%$317,000$341,500-7.2%

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