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North Hennepin News

Monday, December 23, 2024

Brooklyn Park home prices rise in October 2020

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The median sale price of a home sold in October 2020 in Brooklyn Park rose by $75,000 while total sales decreased by 70.3%, according to BlockShopper.com.

In October 2020, there were 22 homes sold, with a median sale price of $320,000 - a 30.6% increase over the $245,000 median sale price for the same period of the previous year. There were 74 homes sold in Brooklyn Park in October 2019.

The median sales tax in Brooklyn Park for the most recent year with available data, 2019, was $3,372, approximately 1.1% of the median home sale price for October 2020.

The following table compares Brooklyn Park to other Hennepin County cities with similar median sales prices in October 2020:

CityOct. 2020 Home SalesOct. 2019 Home Sales% change (Total Home Sales)Oct. 2020 Median Sales PriceOct. 2019 Median Sales Price% change (Median Sales Price)
Eden Prairie1464-78.1%$406,250$370,0009.8%
St. Anthony13-66.7%$380,000$317,50019.7%
Plymouth1593-83.9%$355,000$382,000-7.1%
St. Louis Park1449-71.4%$344,750$325,0006.1%
Richfield1146-76.1%$320,000$273,62516.9%
Brooklyn Park2274-70.3%$320,000$245,00030.6%
Minneapolis140371-62.3%$315,000$289,5008.8%
New Hope529-82.8%$300,000$272,00010.3%
Bloomington16103-84.5%$299,450$279,9007%
Champlin529-82.8%$286,000$270,0005.9%
Robbinsdale526-80.8%$275,000$222,50023.6%

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