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Wednesday, November 6, 2024

Plymouth home prices rise in the second half of 2018

Realestate077

The median sale price of a home sold in the second half of 2018 in Plymouth rose by $18,300 while total sales increased by 11.6%, according to BlockShopper.com.

From July through December of 2018, there were 589 homes sold, with a median sale price of $357,000 - a 5.4% increase over the $338,700 median sale price for the same period of the previous year. There were 528 homes sold in Plymouth in the second half of 2017.

The median sales tax in Plymouth for the most recent year with available data, 2015, was $4,046, approximately 1.1% of the median home sale price for the second half of 2018.

The following table compares Plymouth 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)
Corcoran353112.9%$389,900$400,000-2.5%
Greenfield3817123.5%$381,500$355,0007.5%
Spring Park9812.5%$371,500$251,45047.7%
Minnetonka41732030.3%$368,000$347,5005.9%
Eden Prairie52846513.5%$362,750$360,0000.8%
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%

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