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North Hennepin News

Monday, December 23, 2024

What happened to the median home price in Golden Valley during the first half of 2021?

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The median sale price of a home sold in the first half of 2021 in Golden Valley rose by $59,205 while total sales decreased by 43.5%, according to BlockShopper.com.

From January through June of 2021, there were 78 homes sold, with a median sale price of $420,000 - a 16.4% increase over the $360,795 median sale price for the same period of the previous year. There were 138 homes sold in Golden Valley in the first half of 2020.

The median sales tax in Golden Valley for the most recent year with available data, 2019, was $4,869, approximately 1.2% of the median home sale price for the first half of 2021.

The following table compares Golden Valley 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)
Corcoran2433-27.3%$462,500$375,00023.3%
Dayton1628-42.9%$455,000$302,50050.4%
Spring Park46-33.3%$450,000$664,250-32.3%
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%

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