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North Hennepin News

Wednesday, November 6, 2024

Brooklyn Center home prices rise in the fourth quarter of 2018

Realestate077

The median sale price of a home sold in the fourth quarter of 2018 in Brooklyn Center rose by $16,999 while total sales increased by 13%, according to BlockShopper.com.

From October through December of 2018, there were 139 homes sold, with a median sale price of $199,999 - a 9.3% increase over the $183,000 median sale price for the same period of the previous year. There were 123 homes sold in Brooklyn Center in the fourth quarter of 2017.

The median sales tax in Brooklyn Center for the most recent year with available data, 2015, was $2,357, approximately 1.2% of the median home sale price for the fourth quarter of 2018.

The following table compares Brooklyn Center to other Hennepin County cities with similar median sales prices in the fourth quarter of 2018:

CityOct. - Dec. 2018 Home SalesOct. - Dec. 2017 Home Sales% change (Total Home Sales)Oct. - Dec. 2018 Median Sales PriceOct. - Dec. 2017 Median Sales Price% change (Median Sales Price)
Champlin886633.3%$251,250$251,800-0.2%
Minneapolis1,4181,14024.4%$250,000$226,07510.6%
Richfield16513522.2%$249,900$235,0006.3%
New Hope876533.8%$245,000$221,00010.9%
Brooklyn Park2982864.2%$244,250$227,4507.4%
Dayton1314-7.1%$243,000$385,279.50-36.9%
Robbinsdale807211.1%$228,450$208,5009.6%
Crystal11810512.4%$205,000$199,5002.8%
Osseo10666.7%$203,000$213,750-5%
Brooklyn Center13912313%$199,999$183,0009.3%
Medicine Lake110%$162,000$415,000-61%

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