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North Hennepin News

Thursday, November 7, 2024

Golden Valley 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 Golden Valley rose by $5,000 while total sales increased by 12.2%, according to BlockShopper.com.

From July through December of 2018, there were 203 homes sold, with a median sale price of $310,000 - a 1.6% increase over the $305,000 median sale price for the same period of the previous year. There were 181 homes sold in Golden Valley in the second half of 2017.

The median sales tax in Golden Valley for the most recent year with available data, 2015, was $4,169, approximately 1.3% of the median home sale price for the second half of 2018.

The following table compares Golden Valley 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)
Plymouth58952811.6%$357,000$338,7005.4%
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%

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