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North Hennepin News

Wednesday, November 6, 2024

Osseo home prices fall in January 2019

Realestate1

The median sale price of a home sold in January 2019 in Osseo fell by $69,000 while total sales increased by 50%, according to BlockShopper.com.

In January 2019, there were three homes sold, with a median sale price of $170,000 - a 28.9% decrease over the $239,000 median sale price for the same period of the previous year. There were two homes sold in Osseo in January 2018.

The median sales tax in Osseo for the most recent year with available data, 2015, was $2,782, approximately 1.6% of the median home sale price for January 2019.

The following table compares Osseo to other Hennepin County cities with similar median sales prices in January 2019:

CityJan. 2019 Home SalesJan. 2018 Home Sales% change (Total Home Sales)Jan. 2019 Median Sales PriceJan. 2018 Median Sales Price% change (Median Sales Price)
Independence52150%$252,500$448,250-43.7%
Minneapolis3223171.6%$249,950$229,9008.7%
New Hope1522-31.8%$240,000$216,50010.9%
Mound14875%$239,750$231,9503.4%
Brooklyn Park685817.2%$231,500$224,0003.3%
Richfield2629-10.3%$226,500$232,500-2.6%
Robbinsdale1421-33.3%$202,500$207,500-2.4%
Crystal2123-8.7%$200,000$206,000-2.9%
Brooklyn Center392744.4%$173,900$195,000-10.8%
Medina110-90%$170,000$738,354.50-77%
Osseo3250%$170,000$239,000-28.9%

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