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North Hennepin News

Thursday, November 7, 2024

Median home prices in Champlin rose to $286,000 in 2020

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The median sale price of a home sold in 2020 in Champlin rose by $16,000 while total sales decreased by 41.7%, according to BlockShopper.com.

From January through December of 2020, there were 217 homes sold, with a median sale price of $286,000 - a 5.9% increase over the $270,000 median sale price for the previous year. There were 372 homes sold in Champlin in 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 2020.

The following table compares Champlin 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)
Bloomington6201,171-47.1%$310,000$285,0008.8%
Dayton4961-19.7%$305,000$345,000-11.6%
Minneapolis3,4855,228-33.3%$305,000$275,00010.9%
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%

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