The median sale price of a home sold in October 2020 in Lino Lakes rose by $111,900 while total sales decreased by 68.8%, according to BlockShopper.com.
In October 2020, there were five homes sold, with a median sale price of $384,900 - a 41% increase over the $273,000 median sale price for the same period of the previous year. There were 16 homes sold in Lino Lakes in October 2019.
The median sales tax in Lino Lakes for the most recent year with available data, 2019, was $3,738, approximately 1% of the median home sale price for October 2020.
The following table compares Lino Lakes to other Anoka County cities with similar median sales prices in October 2020:
| City | Oct. 2020 Home Sales | Oct. 2019 Home Sales | % change (Total Home Sales) | Oct. 2020 Median Sales Price | Oct. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Ham Lake | 5 | 11 | -54.5% | $435,000 | $295,000 | 47.5% |
| Lino Lakes | 5 | 16 | -68.8% | $384,900 | $273,000 | 41% |
| East Bethel | 8 | 12 | -33.3% | $347,000 | $311,000 | 11.6% |
| Linwood | 2 | 3 | -33.3% | $340,250 | $380,000 | -10.5% |
| Andover | 17 | 26 | -34.6% | $335,000 | $306,500 | 9.3% |
| Ramsey | 12 | 20 | -40% | $325,000 | $272,750 | 19.2% |
| Blaine | 34 | 58 | -41.4% | $315,000 | $265,000 | 18.9% |
| Circle Pines | 2 | 5 | -60% | $293,400 | $231,500 | 26.7% |
| Spring Lake Park | 3 | 1 | 200% | $285,000 | $234,500 | 21.5% |
| Coon Rapids | 37 | 50 | -26% | $280,000 | $219,950 | 27.3% |
| Centerville | 2 | 0 | - | $274,000 | $0 | - |
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