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North Hennepin News

Wednesday, November 6, 2024

Long Lake home prices fall in December 2018

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The median sale price of a home sold in December 2018 in Long Lake fell by $93,050 while total sales decreased by 33.3%, according to BlockShopper.com.

In December 2018, there were two homes sold, with a median sale price of $289,950 - a 24.3% decrease over the $383,000 median sale price for the same period of the previous year. There were three homes sold in Long Lake in December 2017.

The median sales tax in Long Lake for the most recent year with available data, 2015, was $3,035, approximately 1% of the median home sale price for December 2018.

The following table compares Long Lake to other Hennepin County cities with similar median sales prices in December 2018:

CityDec. 2018 Home SalesDec. 2017 Home Sales% change (Total Home Sales)Dec. 2018 Median Sales PriceDec. 2017 Median Sales Price% change (Median Sales Price)
Mound1122-50%$324,900$222,15046.3%
Maple Grove6768-1.5%$320,000$283,00013.1%
Maple Plain20-$312,500$0-
Golden Valley251931.6%$305,000$331,500-8%
St. Louis Park474211.9%$300,000$302,300-0.8%
Long Lake23-33.3%$289,950$383,000-24.3%
Champlin24240%$261,500$261,4500%
Bloomington736315.9%$260,000$255,0002%
Minneapolis38833814.8%$250,500$218,75014.5%
Brooklyn Park6981-14.8%$247,000$227,9008.4%
Osseo40-$246,000$0-

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