Quantcast

North Hennepin News

Monday, December 23, 2024

The first half of 2021: Home prices in Loretto increased

Re 6

The median sale price of a home sold in the first half of 2021 in Loretto rose by $132,550 while total sales increased by 150%, according to BlockShopper.com.

From January through June of 2021, there were five homes sold, with a median sale price of $410,000 - a 47.8% increase over the $277,450 median sale price for the same period of the previous year. There were two homes sold in Loretto in the first half of 2020.

The median sales tax in Loretto for the most recent year with available data, 2019, was $3,579, approximately 0.9% of the median home sale price for the first half of 2021.

The following table compares Loretto 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)
Plymouth208419-50.4%$429,250$374,90014.5%
Eden Prairie188262-28.2%$429,250$399,9007.3%
Golden Valley78138-43.5%$420,000$360,79516.4%
Rogers4665-29.2%$410,000$329,90024.3%
St. Anthony1723-26.1%$410,000$365,00012.3%
Loretto52150%$410,000$277,45047.8%
Hanover45-20%$380,995$397,000-4%
Hopkins3365-49.2%$378,500$325,00016.5%
Maple Grove256468-45.3%$373,000$333,75011.8%
St. Louis Park179307-41.7%$365,500$333,0009.8%
Long Lake615-60%$365,000$329,00010.9%

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS