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North Hennepin News

Monday, December 23, 2024

Maple Grove home prices rise in October 2020

Realestate2

The median sale price of a home sold in October 2020 in Maple Grove rose by $93,550 while total sales decreased by 72.6%, according to BlockShopper.com.

In October 2020, there were 17 homes sold, with a median sale price of $421,000 - a 28.6% increase over the $327,450 median sale price for the same period of the previous year. There were 62 homes sold in Maple Grove in October 2019.

The median sales tax in Maple Grove for the most recent year with available data, 2019, was $3,926, approximately 0.9% of the median home sale price for October 2020.

The following table compares Maple Grove 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)
Edina1752-67.3%$590,000$535,00010.3%
Minnetonka1473-80.8%$541,750$399,90035.5%
Wayzata56-16.7%$497,000$783,000-36.5%
Corcoran15-80%$475,000$187,400153.5%
Golden Valley824-66.7%$441,000$326,25035.2%
Maple Grove1762-72.6%$421,000$327,45028.6%
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%

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