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North Hennepin News

Wednesday, November 6, 2024

Maple Grove 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 Grove rose by $17,200 while total sales increased by 7.3%, according to BlockShopper.com.

From July through December of 2018, there were 602 homes sold, with a median sale price of $301,500 - a 6% increase over the $284,300 median sale price for the same period of the previous year. There were 561 homes sold in Maple Grove in the second half of 2017.

The median sales tax in Maple Grove for the most recent year with available data, 2015, was $3,611, approximately 1.2% of the median home sale price for the second half of 2018.

The following table compares Maple Grove 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)
Long Lake1416-12.5%$337,750$318,7506%
Rogers1108627.9%$325,000$298,0009.1%
St. Anthony514610.9%$320,000$307,5004.1%
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%

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