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North Hennepin News

Wednesday, November 6, 2024

Maple Grove 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 Maple Grove rose by $43,408 while total sales increased by 8.3%, according to BlockShopper.com.

From July through September of 2019, there were 366 homes sold, with a median sale price of $341,750 - a 14.5% increase over the $298,343 median sale price for the same period of the previous year. There were 338 homes sold in Maple Grove in the third quarter of 2018.

The median sales tax in Maple Grove for the most recent year with available data, 2015, was $3,611, approximately 1.1% of the median home sale price for the third quarter of 2019.

The following table compares Maple Grove 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)
Minnetonka2472269.3%$393,000$375,0004.8%
Eden Prairie287304-5.6%$386,000$365,5005.6%
Dayton1823-21.7%$385,000$350,00010%
St. Anthony2133-36.4%$380,000$332,50014.3%
Golden Valley1231184.2%$358,400$309,95015.6%
Maple Grove3663388.3%$341,750$298,342.5014.5%
Greenfield1627-40.7%$340,000$315,0007.9%
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%

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