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North Hennepin News

Thursday, November 7, 2024

Brooklyn Center median home prices rose by 7% in 2020

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The median sale price of a home sold in 2020 in Brooklyn Center rose by $15,000 while total sales decreased by 34.2%, according to BlockShopper.com.

From January through December of 2020, there were 308 homes sold, with a median sale price of $230,000 - a 7% increase over the $215,000 median sale price for the previous year. There were 468 homes sold in Brooklyn Center in 2019.

The median sales tax in Brooklyn Center for the most recent year with available data, 2019, was $3,131, approximately 1.4% of the median home sale price for 2020.

The following table compares Brooklyn Center to other Hennepin County cities with similar median sale prices in 2020:

CityJan. - Dec. 2020 Home SalesJan. - Dec. 2019 Home Sales% change (Total Home Sales)Jan. - Dec. 2020 Median Sales PriceJan. - Dec. 2019 Median Sales Price% change (Median Sales Price)
Mound144215-33%$292,450$263,90010.8%
Richfield326540-39.6%$286,875$268,0007%
Champlin217372-41.7%$286,000$270,0005.9%
New Hope169276-38.8%$285,000$259,9009.7%
Loretto217-88.2%$277,450$250,00011%
Maple Plain1622-27.3%$276,200$270,0002.3%
Brooklyn Park7461,119-33.3%$275,250$257,7506.8%
Robbinsdale200310-35.5%$261,000$237,00010.1%
Osseo1929-34.5%$260,666$230,00013.3%
Crystal256440-41.8%$250,000$232,2507.6%
Brooklyn Center308468-34.2%$230,000$215,0007%

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