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North Hennepin News

Wednesday, November 6, 2024

Brooklyn Center home prices rise in 2018

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The median sale price of a home sold in 2018 in Brooklyn Center rose by $19,900 while total sales increased by 11.8%, according to BlockShopper.com.

From January through December of 2018, there were 557 homes sold, with a median sale price of $199,900 - a 11.1% increase over the $180,000 median sale price for the previous year. There were 498 homes sold in Brooklyn Center in 2017.

The median sales tax in Brooklyn Center for the most recent year with available data, 2015, was $2,357, approximately 1.2% of the median home sale price for 2018.

The following table compares Brooklyn Center to other Hennepin County cities with similar median sales prices in 2018:

CityJan. - Dec. 2018 Home SalesJan. - Dec. 2017 Home Sales% change (Total Home Sales)Jan. - Dec. 2018 Median Sales PriceJan. - Dec. 2017 Median Sales Price% change (Median Sales Price)
Minneapolis5,9525,22413.9%$255,000$237,0007.6%
Mound221243-9.1%$255,000$240,0006.3%
Loretto151225%$253,000$265,000-4.5%
Maple Plain19190%$250,000$235,0006.4%
Richfield5975783.3%$250,000$235,0006.4%
Brooklyn Park1,2721,1897%$242,000$227,0006.6%
New Hope32227417.5%$241,750$229,9505.1%
Robbinsdale34731310.9%$219,900$205,0007.3%
Osseo33323.1%$215,000$220,000-2.3%
Crystal5054883.5%$215,000$199,0008%
Brooklyn Center55749811.8%$199,900$180,00011.1%

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