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Sunday, November 17, 2024

Rising home prices in Greenfield in Q2

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The median sale price of a home sold in the second quarter of 2022 in Greenfield rose by $364,160 while total sales increased by 44.4 percent, according to BlockShopper.com.

From April through June, there were 13 homes sold, with a median sale price of $675,000 - a 117.2 percent increase over the $310,840 median sale price for the same period of the previous year. There were nine homes sold in Greenfield in the second quarter of 2021.

The median sales tax in Greenfield for the most recent year with available data, 2019, was $4,929, approximately 0.7 percent of the median home sale price for the second quarter of 2022.

The following table compares Greenfield to other Hennepin County cities with similar median sale prices in the second quarter of 2022:

CityApril - June 2022 Home SalesApril - June 2021 Home Sales% change (Total Home Sales)April - June 2022 Median Sales PriceApril - June 2021 Median Sales Price% change (Median Sales Price)
Medina302236.4$760,000$847,000-10.3
Edina21017321.4$731,250$735,000-0.5
Deephaven16977.8$725,000$930,000-22
Hanover83166.7$696,000$388,90079
Wayzata20200$692,500$667,5003.7
Greenfield13944.4$675,000$310,840117.2
Minnetrista603666.7$580,000$601,378-3.6
Independence121020$578,103$412,37540.2
Shorewood23219.5$550,000$526,3254.5
Minnetonka21712475$539,000$475,00013.5
Corcoran18180$530,000$549,500-3.5

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