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North Hennepin News

Wednesday, November 6, 2024

Osseo home prices fall in the fourth quarter of 2018

Realestate077

The median sale price of a home sold in the fourth quarter of 2018 in Osseo fell by $10,750 while total sales increased by 66.7%, according to BlockShopper.com.

From October through December of 2018, there were 10 homes sold, with a median sale price of $203,000 - a 5% decrease over the $213,750 median sale price for the same period of the previous year. There were six homes sold in Osseo in the fourth quarter of 2017.

The median sales tax in Osseo for the most recent year with available data, 2015, was $2,782, approximately 1.4% of the median home sale price for the fourth quarter of 2018.

The following table compares Osseo 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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