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North Hennepin News

Monday, December 23, 2024

Rising home prices in Champlin in the second quarter of 2021

Realestate2

The median sale price of a home sold in the second quarter of 2021 in Champlin rose by $40,000 while total sales decreased by 35.2%, according to BlockShopper.com.

From April through June of 2021, there were 46 homes sold, with a median sale price of $335,000 - a 13.6% increase over the $295,000 median sale price for the same period of the previous year. There were 71 homes sold in Champlin in the second quarter of 2020.

The median sales tax in Champlin for the most recent year with available data, 2019, was $3,209, approximately 1% of the median home sale price for the second quarter of 2021.

The following table compares Champlin to other Hennepin County cities with similar median sale prices in the second quarter of 2021:

CityApr. - June 2021 Home SalesApr. - June 2020 Home Sales% change (Total Home Sales)Apr. - June 2021 Median Sales PriceApr. - June 2020 Median Sales Price% change (Median Sales Price)
Bloomington162188-13.8%$347,000$304,50014%
Mound3640-10%$345,700$277,50024.6%
Minneapolis9201,103-16.6%$340,000$304,50011.7%
New Hope3962-37.1%$340,000$280,00021.4%
Maple Plain62200%$339,500$190,00078.7%
Champlin4671-35.2%$335,000$295,00013.6%
Brooklyn Park165238-30.7%$335,000$275,00021.8%
Richfield88118-25.4%$322,000$281,50014.4%
Greenfield713-46.2%$299,500$450,000-33.4%
Crystal79790%$286,960$242,50018.3%
Osseo79-22.2%$285,250$287,550-0.8%

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