Pricing for the median home in Lino Lakes increased during May 2021

Medium realestate5

The median sale price of a home sold in May 2021 in Lino Lakes rose by $22,500 while total sales decreased by 52.9%, according to

In May 2021, there were eight homes sold, with a median sale price of $342,500 - a 7% increase over the $320,000 median sale price for the same period of the previous year. There were 17 homes sold in Lino Lakes in May 2020.

The median sales tax in Lino Lakes for the most recent year with available data, 2019, was $3,738, approximately 1.1% of the median home sale price for May 2021.

The following table compares Lino Lakes to other Anoka County cities with similar median sale prices in May 2021:

CityMay 2021 Home SalesMay 2020 Home Sales% change (Total Home Sales)May 2021 Median Sales PriceMay 2020 Median Sales Price% change (Median Sales Price)
Ham Lake811-27.3%$385,500$295,00030.7%
Oak Grove550%$375,000$400,000-6.3%
Lino Lakes817-52.9%$342,500$320,0007%
East Bethel214-85.7%$340,000$322,5005.4%
Spring Lake Park34-25%$294,500$196,00050.3%

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