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Sunday, November 17, 2024

Pricing for the median home in Golden Valley increased during Q2

Realestate4

The median sale price of a home sold in the second quarter of 2022 in Golden Valley rose by $72,760 while total sales increased by 50.7 percent, according to BlockShopper.com.

From April through June, there were 101 homes sold, with a median sale price of $460,000 - an 18.8 percent increase over the $387,240 median sale price for the same period of the previous year. There were 67 homes sold in Golden Valley in the second quarter of 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 the second quarter of 2022.

The following table compares Golden Valley 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)
Minnetonka21712475$539,000$475,00013.5
Corcoran18180$530,000$549,500-3.5
Eden Prairie22917133.9$475,000$479,900-1
Plymouth30120149.8$470,000$430,0009.3
Excelsior49-55.6$465,000$739,900-37.2
Golden Valley1016750.7$460,000$387,24018.8
Long Lake550$460,000$370,00024.3
Spring Park63100$455,000$235,00093.6
Rogers734369.8$450,000$410,0009.8
St. Anthony2713107.7$415,000$415,0000
Mound524418.2$411,000$345,70018.9

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