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North Hennepin News

Thursday, November 7, 2024

Home prices increased in Champlin during the second half of 2020

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The median sale price of a home sold in the second half of 2020 in Champlin rose by $15,000 while total sales decreased by 57.4%, according to BlockShopper.com.

From July through December of 2020, there were 86 homes sold, with a median sale price of $290,000 - a 5.5% increase over the $275,000 median sale price for the same period of the previous year. There were 202 homes sold in Champlin in the second half 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 second half of 2020.

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

CityJuly - Dec. 2020 Home SalesJuly - Dec. 2019 Home Sales% change (Total Home Sales)July - Dec. 2020 Median Sales PriceJuly - Dec. 2019 Median Sales Price% change (Median Sales Price)
Dayton2138-44.7%$310,000$367,450-15.6%
Maple Plain1114-21.4%$308,000$280,00010%
Richfield133305-56.4%$300,000$270,00011.1%
New Hope65148-56.1%$300,000$262,20014.4%
Brooklyn Park309537-42.5%$292,000$258,00013.2%
Champlin86202-57.4%$290,000$275,0005.5%
Greenfield725-72%$284,500$265,0007.4%
Robbinsdale72160-55%$265,000$237,15011.7%
Osseo919-52.6%$260,666$230,00013.3%
Crystal113238-52.5%$253,500$240,0005.6%
Brooklyn Center128241-46.9%$237,600$220,0008%

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