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Sunday, November 17, 2024

What happened to the median home price in Crystal during the first half of 2022?

Re 1

The median sale price of a home sold in the first half of 2022 in Crystal rose by $15,000 while total sales increased by 52.6 percent, according to BlockShopper.com.

From January through June, there were 209 homes sold, with a median sale price of $300,000 - a 5.3 percent increase over the $285,000 median sale price for the same period of the previous year. There were 137 homes sold in Crystal in the first half of 2021.

The median sales tax in Crystal for the most recent year with available data, 2019, was $3,264, approximately 1.1 percent of the median home sale price for the first half of 2022.

The following table compares Crystal to other Hennepin County cities with similar median sale prices in the first half of 2022:

CityJanuary - June 2022 Home SalesJanuary - June 2021 Home Sales% change (Total Home Sales)January - June 2022 Median Sales PriceJanuary - June 2021 Median Sales Price% change (Median Sales Price)
Mound806033.3$358,000$352,0001.7
Maple Plain9812.5$352,000$339,5003.7
Richfield21618218.7$350,000$325,0007.7
Dayton331883.3$344,000$403,890-14.8
New Hope1348852.3$338,612$321,5005.3
Minneapolis2,6701,88841.4$337,000$330,9501.8
Brooklyn Park56034263.7$330,000$315,0004.8
Robbinsdale15310348.5$310,000$275,00012.7
Crystal20913752.6$300,000$285,0005.3
Osseo616-62.5$297,500$289,1002.9
Brooklyn Center22315147.7$280,000$260,0007.7

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