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North Hennepin News

Wednesday, November 6, 2024

Osseo home prices rise in the third quarter of 2019

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The median sale price of a home sold in the third quarter of 2019 in Osseo rose by $27,000 while total sales increased by 8.3%, according to BlockShopper.com.

From July through September of 2019, there were 13 homes sold, with a median sale price of $245,000 - a 12.4% increase over the $218,000 median sale price for the same period of the previous year. There were 12 homes sold in Osseo in the third quarter of 2018.

The median sales tax in Osseo for the most recent year with available data, 2015, was $2,782, approximately 1.1% of the median home sale price for the third quarter of 2019.

The following table compares Osseo to other Hennepin County cities with similar median sales prices in the third quarter of 2019:

CityJuly - Sept. 2019 Home SalesJuly - Sept. 2018 Home Sales% change (Total Home Sales)July - Sept. 2019 Median Sales PriceJuly - Sept. 2018 Median Sales Price% change (Median Sales Price)
Richfield1771741.7%$279,500$250,00011.8%
Maple Plain81700%$267,500$207,50028.9%
Loretto6520%$265,750$229,90015.6%
New Hope8294-12.8%$262,700$240,0009.5%
Brooklyn Park330371-11.1%$260,500$245,0006.3%
Mound70657.7%$254,250$250,0001.7%
Osseo13128.3%$245,000$218,00012.4%
Crystal144167-13.8%$242,200$219,90010.1%
Robbinsdale95941.1%$239,000$220,0008.6%
Brooklyn Center139167-16.8%$223,000$196,00013.8%
Hanover52150%$205,000$455,250-55%

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