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North Hennepin News

Wednesday, November 6, 2024

Champlin 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 Champlin rose by $20,500 while total sales increased by 16%, according to BlockShopper.com.

From July through September of 2019, there were 116 homes sold, with a median sale price of $280,500 - a 7.9% increase over the $260,000 median sale price for the same period of the previous year. There were 100 homes sold in Champlin in the third quarter of 2018.

The median sales tax in Champlin for the most recent year with available data, 2015, was $2,398, approximately 0.9% of the median home sale price for the third quarter of 2019.

The following table compares Champlin 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)
Rogers5969-14.5%$332,500$325,0002.3%
St. Louis Park208256-18.8%$314,500$305,0003.1%
Long Lake14875%$296,750$337,750-12.1%
Bloomington360369-2.4%$293,600$275,0006.8%
Minneapolis1,5831,725-8.2%$282,000$259,9008.5%
Champlin11610016%$280,500$260,0007.9%
Hopkins6768-1.5%$280,000$270,0003.7%
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%

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