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North Hennepin News

Wednesday, November 6, 2024

Plymouth 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 Plymouth rose by $32,000 while total sales increased by 9.2%, according to BlockShopper.com.

From July through September of 2019, there were 355 homes sold, with a median sale price of $395,000 - a 8.8% increase over the $363,000 median sale price for the same period of the previous year. There were 325 homes sold in Plymouth in the third quarter of 2018.

The median sales tax in Plymouth for the most recent year with available data, 2015, was $4,046, approximately 1% of the median home sale price for the third quarter of 2019.

The following table compares Plymouth 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)
Edina232236-1.7%$587,450$562,8524.4%
Independence1618-11.1%$459,264.53$515,000-10.8%
Shorewood3746-19.6%$440,000$450,000-2.2%
Minnetrista5764-10.9%$414,990$370,00012.2%
Corcoran241833.3%$399,000$392,4501.7%
Plymouth3553259.2%$395,000$363,0008.8%
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%

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