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Friday, November 22, 2024

What happened to the median home price in Golden Valley during May?

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The median sale price of a home sold in May in Golden Valley rose by $10,000 while total sales increased by 75 percent, according to BlockShopper.com.

In May, there were 35 homes sold, with a median sale price of $440,000 - a 2.3 percent increase over the $430,000 median sale price for the same period of the previous year. There were 20 homes sold in Golden Valley in May 2021.

The median sales tax in Golden Valley for the most recent year with available data, 2019, was $4,869, approximately 1.1 percent of the median home sale price for May.

The following table compares Golden Valley 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)
Eden Prairie61593.4$506,000$517,000-2.1
Plymouth765635.7$480,500$397,50020.9
Minnetonka513641.7$470,555$442,5006.3
Rogers262030$457,450$416,2009.9
Shorewood660$456,000$505,663-9.8
Golden Valley352075$440,000$430,0002.3
Mound145180$427,000$435,000-1.8
Tonka Bay31200$410,000$2,420,000-83.1
Maple Grove72711.4$408,000$369,75010.3
St. Louis Park43430$390,000$400,000-2.5
Champlin332532$385,000$345,00011.6

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