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Sunday, November 17, 2024

Champlin median home prices rose by 14.2% in Q2

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The median sale price of a home sold in the second quarter of 2022 in Champlin rose by $47,500 while total sales increased by 68.3 percent, according to BlockShopper.com.

From April through June, there were 106 homes sold, with a median sale price of $382,500 - a 14.2 percent increase over the $335,000 median sale price for the same period of the previous year. There were 63 homes sold in Champlin in the second quarter of 2021.

The median sales tax in Champlin for the most recent year with available data, 2019, was $3,209, approximately 0.8 percent of the median home sale price for the second quarter of 2022.

The following table compares Champlin 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)
St. Anthony2713107.7$415,000$415,0000
Mound524418.2$411,000$345,70018.9
Maple Grove28623919.7$409,500$396,0003.4
St. Louis Park20114043.6$400,000$392,8001.8
Hopkins532796.3$385,000$375,0002.7
Champlin1066368.3$382,500$335,00014.2
Bloomington27522323.3$370,000$350,0005.7
Richfield120127-5.5$365,750$330,00010.8
Minneapolis1,5761,21529.7$350,000$345,0001.4
New Hope795349.1$342,000$340,0000.6
Dayton2110110$340,000$403,890-15.8

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