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South Hennepin News

Wednesday, November 6, 2024

Long Lake home prices rise in 2019

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The median sale price of a home sold in 2019 in Long Lake rose by $48,250 while total sales increased by 13.3%, according to BlockShopper.com.

From January through December of 2019, there were 34 homes sold, with a median sale price of $348,250 - a 16.1% increase over the $300,000 median sale price for the previous year. There were 30 homes sold in Long Lake in 2018.

The median sales tax in Long Lake for the most recent year with available data, 2015, was $3,035, approximately 0.9% of the median home sale price for 2019.

The following table compares Long Lake to other Hennepin County cities with similar median sales prices in 2019:

CityJan. - Dec. 2019 Home SalesJan. - Dec. 2018 Home Sales% change (Total Home Sales)Jan. - Dec. 2019 Median Sales PriceJan. - Dec. 2018 Median Sales Price% change (Median Sales Price)
Greenfield4262-32.3%$401,750$347,50015.6%
Eden Prairie889991-10.3%$393,000$375,0004.8%
Minnetonka808809-0.1%$389,950$368,0006%
Plymouth1,0941,183-7.5%$375,000$364,0003%
Corcoran75715.6%$363,000$389,900-6.9%
Long Lake343013.3%$348,250$300,00016.1%
Dayton5783-31.3%$345,000$335,0003%
Golden Valley377416-9.4%$342,500$310,00010.5%
St. Anthony5993-36.6%$338,000$315,8187%
Rogers180215-16.3%$325,250$325,0000.1%
Maple Grove1,0471,169-10.4%$325,000$303,0007.3%

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