Martin Lake median home prices rose by 34.5% in the third quarter of 2021

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The median sale price of a home sold in the third quarter of 2021 in Martin Lake rose by $105,050 while total sales increased by 33.3%, according to

From July through September of 2021, there were four homes sold, with a median sale price of $409,950 - a 34.5% increase over the $304,900 median sale price for the same period of the previous year. There were three homes sold in Martin Lake in the third quarter of 2020.

The median sales tax in Martin Lake for the most recent year with available data, 2019, was $2,187, approximately 0.5% of the median home sale price for the third quarter of 2021.

The following table compares Martin Lake 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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