Rising home prices in East Bethel in the third quarter of 2021

Medium realestate5

The median sale price of a home sold in the third quarter of 2021 in East Bethel rose by $98,900 while total sales increased by 115.8%, according to BlockShopper.com.

From July through September of 2021, there were 41 homes sold, with a median sale price of $398,900 - a 33% increase over the $300,000 median sale price for the same period of the previous year. There were 19 homes sold in East Bethel in the third quarter of 2020.

The median sales tax in East Bethel for the most recent year with available data, 2019, was $2,679, approximately 0.7% of the median home sale price for the third quarter of 2021.

The following table compares East Bethel to other Anoka County cities with similar median sale prices in the third quarter of 2021:

CityJuly - Sept. 2021 Home SalesJuly - Sept. 2020 Home Sales% change (Total Home Sales)July - Sept. 2021 Median Sales PriceJuly - Sept. 2020 Median Sales Price% change (Median Sales Price)
Oak Grove231827.8%$415,000$342,50021.2%
Lino Lakes645125.5%$412,549.50$371,00011.2%
Martin Lake4333.3%$409,950$304,90034.5%
East Bethel4119115.8%$398,900$300,00033%
Ham Lake383411.8%$390,000$387,4500.7%

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