Oak Grove home prices fall in October 2020

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The median sale price of a home sold in October 2020 in Oak Grove fell by $41,900 while total sales decreased by 40%, according to BlockShopper.com.

In October 2020, there were three homes sold, with a median sale price of $263,000 - a 13.7% decrease over the $304,900 median sale price for the same period of the previous year. There were five homes sold in Oak Grove in October 2019.

The median sales tax in Oak Grove for the most recent year with available data, 2019, was $2,448, approximately 0.9% of the median home sale price for October 2020.

The following table compares Oak Grove to other Anoka County cities with similar median sales prices in October 2020:

CityOct. 2020 Home SalesOct. 2019 Home Sales% change (Total Home Sales)Oct. 2020 Median Sales PriceOct. 2019 Median Sales Price% change (Median Sales Price)
Circle Pines25-60%$293,400$231,50026.7%
Spring Lake Park31200%$285,000$234,50021.5%
Coon Rapids3750-26%$280,000$219,95027.3%
St. Francis514-64.3%$265,000$205,00029.3%
Oak Grove35-40%$263,000$304,900-13.7%
Columbia Heights814-42.9%$245,500$233,5005.1%

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