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Monday, December 23, 2024

The second quarter of 2021: Home prices in Maple Grove increased

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The median sale price of a home sold in the second quarter of 2021 in Maple Grove rose by $51,000 while total sales decreased by 33.2%, according to BlockShopper.com.

From April through June of 2021, there were 173 homes sold, with a median sale price of $391,000 - a 15% increase over the $340,000 median sale price for the same period of the previous year. There were 259 homes sold in Maple Grove in the second quarter of 2020.

The median sales tax in Maple Grove for the most recent year with available data, 2019, was $3,926, approximately 1% of the median home sale price for the second quarter of 2021.

The following table compares Maple Grove 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)
Plymouth140225-37.8%$429,250$375,00014.5%
Golden Valley4673-37%$420,000$350,00020%
St. Anthony715-53.3%$415,000$412,0000.7%
Rogers33316.5%$410,500$330,00024.4%
Loretto51400%$410,000$389,9005.2%
Maple Grove173259-33.2%$391,000$340,00015%
St. Louis Park103173-40.5%$390,600$345,00013.2%
Hanover31200%$388,900$285,00036.5%
Hopkins2029-31%$377,250$328,00015%
Long Lake38-62.5%$370,000$341,5008.3%
Bloomington162188-13.8%$347,000$304,50014%

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