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North Hennepin News

Thursday, November 7, 2024

Rising home prices in Champlin in the fourth quarter of 2020

Realestate5

The median sale price of a home sold in the fourth quarter of 2020 in Champlin rose by $25,400 while total sales decreased by 70.6%, according to BlockShopper.com.

From October through December of 2020, there were 25 homes sold, with a median sale price of $290,000 - a 9.6% increase over the $264,600 median sale price for the same period of the previous year. There were 85 homes sold in Champlin in the fourth quarter of 2019.

The median sales tax in Champlin for the most recent year with available data, 2019, was $3,209, approximately 1.1% of the median home sale price for the fourth quarter of 2020.

The following table compares Champlin to other Hennepin County cities with similar median sale prices in the fourth quarter of 2020:

CityOct. - Dec. 2020 Home SalesOct. - Dec. 2019 Home Sales% change (Total Home Sales)Oct. - Dec. 2020 Median Sales PriceOct. - Dec. 2019 Median Sales Price% change (Median Sales Price)
Richfield41128-68%$301,000$263,50014.2%
Maple Plain550%$299,900$290,0003.4%
Bloomington77251-69.3%$297,000$289,9002.4%
Long Lake19-88.9%$295,000$365,000-19.2%
Brooklyn Park96208-53.8%$294,000$247,25018.9%
Champlin2585-70.6%$290,000$264,6009.6%
Hopkins839-79.5%$286,250$299,900-4.6%
Robbinsdale2165-67.7%$265,000$235,30012.6%
Crystal3994-58.5%$252,900$237,0006.7%
Brooklyn Center37102-63.7%$245,000$217,65012.6%
Osseo37-57.1%$210,000$225,000-6.7%

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