Afton home prices fall in the third quarter of 2020

Medium realestate2

The median sale price of a home sold in the third quarter of 2020 in Afton fell by $21,500 while total sales increased by 8.3%, according to

From July through September of 2020, there were 13 homes sold, with a median sale price of $509,000 - a 4.1% decrease over the $530,500 median sale price for the same period of the previous year. There were 12 homes sold in Afton in the third quarter of 2019.

The median sales tax in Afton for the most recent year with available data, 2015, was $4,096, approximately 0.8% of the median home sale price for the third quarter of 2020.

The following table compares Afton to other Washington County cities with similar median sales prices in the third quarter of 2020:

CityJuly - Sept. 2020 Home SalesJuly - Sept. 2019 Home Sales% change (Total Home Sales)July - Sept. 2020 Median Sales PriceJuly - Sept. 2019 Median Sales Price% change (Median Sales Price)
Lakeland Shores12-50%$1,625,000$380,000327.6%
Lake Elmo1330-56.7%$499,900$477,4354.7%
St. Marys Point10-$450,000$0-
Birchwood Village517-70.6%$390,000$375,0004%
Marine on St. Croix14-75%$374,605$600,000-37.6%

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