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North Hennepin News

Wednesday, November 6, 2024

Maple Plain home prices rise in the second half of 2018

Realestate5

The median sale price of a home sold in the second half of 2018 in Maple Plain rose by $45,000 while total sales decreased by 54.5%, according to BlockShopper.com.

From July through December of 2018, there were five homes sold, with a median sale price of $280,000 - a 19.1% increase over the $235,000 median sale price for the same period of the previous year. There were 11 homes sold in Maple Plain in the second half of 2017.

The median sales tax in Maple Plain for the most recent year with available data, 2015, was $3,219, approximately 1.1% of the median home sale price for the second half of 2018.

The following table compares Maple Plain to other Hennepin County cities with similar median sales prices in the second half of 2018:

CityJuly - Dec. 2018 Home SalesJuly - Dec. 2017 Home Sales% change (Total Home Sales)July - Dec. 2018 Median Sales PriceJuly - Dec. 2017 Median Sales Price% change (Median Sales Price)
Hanover550%$320,000$292,0009.6%
Golden Valley20318112.2%$310,000$305,0001.6%
Maple Grove6025617.3%$301,500$284,3006%
St. Louis Park42932532%$300,000$280,0007.1%
Dayton3648-25%$286,825$367,784.50-22%
Maple Plain511-54.5%$280,000$235,00019.1%
Bloomington65749831.9%$269,000$258,6004%
Hopkins13610529.5%$267,750$240,00011.6%
Mound119126-5.6%$260,000$237,2509.6%
Loretto7540%$257,600$335,000-23.1%
Champlin18817010.6%$257,500$247,1004.2%

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