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Wednesday, November 6, 2024

Maple Plain home prices rise in the fourth quarter of 2018

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The median sale price of a home sold in the fourth quarter of 2018 in Maple Plain rose by $6,600 while total sales decreased by 20%, according to BlockShopper.com.

From October through December of 2018, there were four homes sold, with a median sale price of $291,500 - a 2.3% increase over the $284,900 median sale price for the same period of the previous year. There were five homes sold in Maple Plain in the fourth quarter of 2017.

The median sales tax in Maple Plain for the most recent year with available data, 2015, was $3,219, approximately 1.1% of the median home sale price for the fourth quarter of 2018.

The following table compares Maple Plain 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)
Hanover31200%$320,000$318,0000.6%
Golden Valley85797.6%$318,000$331,500-4.1%
Maple Grove26423213.8%$309,950$269,20015.1%
Long Lake67-14.3%$307,500$285,0007.9%
St. Louis Park17315213.8%$294,500$266,00010.7%
Maple Plain45-20%$291,500$284,9002.3%
Mound5468-20.6%$279,500$238,95017%
St. Anthony18180%$274,250$285,250-3.9%
Loretto220%$263,800$156,95068.1%
Hopkins685133.3%$259,950$240,0008.3%
Bloomington28822030.9%$259,950$259,9500%

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