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North Hennepin News

Thursday, November 7, 2024

Maple Grove home prices rose in 2020

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The median sale price of a home sold in 2020 in Maple Grove rose by $20,050 while total sales decreased by 27.3%, according to BlockShopper.com.

From January through December of 2020, there were 760 homes sold, with a median sale price of $345,050 - a 6.2% increase over the $325,000 median sale price for the previous year. There were 1,046 homes sold in Maple Grove in 2019.

The median sales tax in Maple Grove for the most recent year with available data, 2019, was $3,926, approximately 1.1% of the median home sale price for 2020.

The following table compares Maple Grove 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)
Greenfield3046-34.8%$410,625$360,00014.1%
Hanover815-46.7%$380,000$310,00022.6%
Plymouth7121,090-34.7%$379,250$375,0001.1%
Corcoran5275-30.7%$376,000$372,5000.9%
Golden Valley212375-43.5%$370,000$342,5008%
Maple Grove7601,046-27.3%$345,050$325,0006.2%
St. Anthony4459-25.4%$345,000$338,0002.1%
St. Louis Park497729-31.8%$342,500$320,0007%
Rogers110179-38.5%$339,950$325,0004.6%
Hopkins109198-44.9%$325,000$286,50013.4%
Long Lake2032-37.5%$321,950$344,000-6.4%

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