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North Hennepin News

Friday, November 22, 2024

Greenfield home prices rose in May

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The median sale price of a home sold in May in Greenfield rose by $266,500 while total sales increased by 33.3 percent, according to BlockShopper.com.

In May, there were four homes sold, with a median sale price of $621,500 - a 75.1 percent increase over the $355,000 median sale price for the same period of the previous year. There were three homes sold in Greenfield in May 2021.

The median sales tax in Greenfield for the most recent year with available data, 2019, was $4,929, approximately 0.8 percent of the median home sale price for May.

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

CityMay 2022 Home SalesMay 2021 Home Sales% change (Total Home Sales)May 2022 Median Sales PriceMay 2021 Median Sales Price% change (Median Sales Price)
Independence34-25$956,000$356,979167.8
Spring Park20-$780,000$0-
Edina55517.8$725,000$762,500-4.9
Medina6520$667,500$1,300,000-48.7
Hanover31200$635,000$388,90063.3
Greenfield4333.3$621,500$355,00075.1
Corcoran48-50$617,500$502,00023
Minnetrista14137.7$577,113$785,000-26.5
Orono1314-7.1$576,000$582,500-1.1
Wayzata63100$569,500$1,200,000-52.5
Eden Prairie61593.4$506,000$517,000-2.1

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