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North Hennepin News

Wednesday, November 6, 2024

Maple Grove home prices rise in December 2018

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The median sale price of a home sold in December 2018 in Maple Grove rose by $37,000 while total sales decreased by 1.5%, according to BlockShopper.com.

In December 2018, there were 67 homes sold, with a median sale price of $320,000 - a 13.1% increase over the $283,000 median sale price for the same period of the previous year. There were 68 homes sold in Maple Grove in December 2017.

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 December 2018.

The following table compares Maple Grove 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)
Excelsior14-75%$350,000$495,000-29.3%
Eden Prairie645125.5%$341,700$383,000-10.8%
Rogers12119.1%$327,650$275,00019.1%
Plymouth726510.8%$327,450$325,0000.8%
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%

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