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Thursday, November 7, 2024

What happened to the median home price in Brooklyn Park during December 2020?

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The median sale price of a home sold in December 2020 in Brooklyn Park rose by $39,000 while total sales decreased by 88.9%, according to BlockShopper.com.

In December 2020, there were eight homes sold, with a median sale price of $285,000 - a 15.9% increase over the $246,000 median sale price for the same period of the previous year. There were 72 homes sold in Brooklyn Park in December 2019.

The median sales tax in Brooklyn Park for the most recent year with available data, 2019, was $3,372, approximately 1.2% of the median home sale price for December 2020.

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

CityDec. 2020 Home SalesDec. 2019 Home Sales% change (Total Home Sales)Dec. 2020 Median Sales PriceDec. 2019 Median Sales Price% change (Median Sales Price)
St. Anthony110%$319,000$308,0003.6%
New Hope515-66.7%$305,000$254,50019.8%
Richfield536-86.1%$300,000$256,00017.2%
Excelsior12-50%$300,000$582,500-48.5%
Champlin536-86.1%$290,000$257,45012.6%
Brooklyn Park872-88.9%$285,000$246,00015.9%
Crystal220-90%$266,950$217,25022.9%
Maple Grove1268-82.4%$260,000$321,800-19.2%
Brooklyn Center634-82.4%$247,350$214,95015.1%
Osseo220%$233,950$187,95024.5%
Hopkins18-87.5%$226,800$308,750-26.5%

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