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Saturday, November 23, 2024

How did home prices perform in Champlin during April?

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The median sale price of a home sold in April in Champlin rose by $24,000 while total sales increased by 92.3 percent, according to BlockShopper.com.

In April, there were 25 homes sold, with a median sale price of $359,000 - a 7.2 percent increase over the $335,000 median sale price for the same period of the previous year. There were 13 homes sold in Champlin in April 2021.

The median sales tax in Champlin for the most recent year with available data, 2019, was $3,209, approximately 0.9 percent of the median home sale price for April.

The following table compares Champlin to other Hennepin County cities with similar median sale prices in April:

CityApril 2022 Home SalesApril 2021 Home Sales% change (Total Home Sales)April 2022 Median Sales PriceApril 2021 Median Sales Price% change (Median Sales Price)
Maple Grove72677.5$400,000$400,0000
St. Louis Park544520$389,500$375,0003.9
Bloomington6072-16.7$385,250$351,5009.6
Richfield2734-20.6$375,000$324,70015.5
Dayton6520$365,000$400,000-8.8
Champlin251392.3$359,000$335,0007.2
Brooklyn Park766811.8$349,950$329,0746.3
New Hope231553.3$342,000$320,0006.9
Minneapolis44137218.5$340,000$340,0000
Maple Plain110$327,072$260,00025.8
Crystal2831-9.7$308,250$300,0002.8

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