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Thursday, November 7, 2024

What happened to the median home price in Maple Plain during 2020?

Realestate4

The median sale price of a home sold in 2020 in Maple Plain rose by $6,200 while total sales decreased by 27.3%, according to BlockShopper.com.

From January through December of 2020, there were 16 homes sold, with a median sale price of $276,200 - a 2.3% increase over the $270,000 median sale price for the previous year. There were 22 homes sold in Maple Plain in 2019.

The median sales tax in Maple Plain for the most recent year with available data, 2019, was $3,679, approximately 1.3% of the median home sale price for 2020.

The following table compares Maple Plain 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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