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North Hennepin News

Tuesday, December 24, 2024

What happened to the median home price in Brooklyn Park during the first half of 2021?

Re 8

The median sale price of a home sold in the first half of 2021 in Brooklyn Park rose by $52,000 while total sales decreased by 35.7%, according to BlockShopper.com.

From January through June of 2021, there were 281 homes sold, with a median sale price of $320,000 - a 19.4% increase over the $268,000 median sale price for the same period of the previous year. There were 437 homes sold in Brooklyn Park in the first half of 2020.

The median sales tax in Brooklyn Park for the most recent year with available data, 2019, was $3,372, approximately 1.1% of the median home sale price for the first half of 2021.

The following table compares Brooklyn Park to other Hennepin County cities with similar median sale prices in the first half of 2021:

CityJan. - June 2021 Home SalesJan. - June 2020 Home Sales% change (Total Home Sales)Jan. - June 2021 Median Sales PriceJan. - June 2020 Median Sales Price% change (Median Sales Price)
Bloomington267343-22.2%$335,000$305,0009.8%
Maple Plain7540%$327,000$190,00072.1%
Minneapolis1,5931,998-20.3%$327,000$295,00010.8%
Champlin70131-46.6%$323,250$281,50014.8%
New Hope74104-28.8%$321,500$274,50017.1%
Richfield143193-25.9%$320,000$280,00014.3%
Brooklyn Park281437-35.7%$320,000$268,00019.4%
Osseo131030%$285,250$268,7756.1%
Crystal117143-18.2%$278,000$240,00015.8%
Robbinsdale83128-35.2%$273,000$255,0007.1%
Brooklyn Center121180-32.8%$260,000$220,00018.2%

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