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North Hennepin News

Tuesday, November 26, 2024

Maple Grove home prices rise in January 2020

Realestate2

The median sale price of a home sold in January 2020 in Maple Grove rose by $55,275 while total sales decreased by 8.9%, according to BlockShopper.com.

In January 2020, there were 41 homes sold, with a median sale price of $324,000 - a 20.6% increase over the $268,725 median sale price for the same period of the previous year. There were 45 homes sold in Maple Grove in January 2019.

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 January 2020.

The following table compares Maple Grove to other Hennepin County cities with similar median sales prices in January 2020:

CityJan. 2020 Home SalesJan. 2019 Home Sales% change (Total Home Sales)Jan. 2020 Median Sales PriceJan. 2019 Median Sales Price% change (Median Sales Price)
Eden Prairie3262-48.4%$423,000$351,00020.5%
Hanover10-$410,266.68$0-
Greenfield220%$385,500$329,97616.8%
Plymouth3961-36.1%$350,000$355,000-1.4%
Golden Valley1521-28.6%$325,000$346,500-6.2%
Maple Grove4145-8.9%$324,000$268,72520.6%
Bloomington3653-32.1%$302,450$270,00012%
St. Louis Park3142-26.2%$300,000$282,0006.4%
Mound914-35.7%$300,000$239,75025.1%
Minneapolis188322-41.6%$286,500$249,95014.6%
Long Lake12-50%$285,000$520,000-45.2%

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