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North Hennepin News

Tuesday, December 24, 2024

Median home prices in Maple Plain rose to $327,000 in the first half of 2021

Re 12

The median sale price of a home sold in the first half of 2021 in Maple Plain rose by $137,000 while total sales increased by 40%, according to BlockShopper.com.

From January through June of 2021, there were seven homes sold, with a median sale price of $327,000 - a 72.1% increase over the $190,000 median sale price for the same period of the previous year. There were five homes sold in Maple Plain in the first half of 2020.

The median sales tax in Maple Plain for the most recent year with available data, 2019, was $3,679, approximately 1.1% of the median home sale price for the first half of 2021.

The following table compares Maple Plain 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)
Long Lake615-60%$365,000$329,00010.9%
Greenfield1323-43.5%$355,000$423,750-16.2%
Mound5280-35%$354,500$275,00028.9%
Woodland12-50%$350,000$900,000-61.1%
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%

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