From January through December of 2018, there were 1,214 homes sold, with a median sale price of $268,000 - a 5% increase over the $255,200 median sale price for the previous year. There were 1,064 homes sold in Bloomington in 2017.
The median sales tax in Bloomington for the most recent year with available data, 2015, was $2,927, approximately 1.1% of the median home sale price for 2018.
The following table compares Bloomington to other Hennepin County cities with similar median sales prices in 2018:
| City | Jan. - Dec. 2018 Home Sales | Jan. - Dec. 2017 Home Sales | % change (Total Home Sales) | Jan. - Dec. 2018 Median Sales Price | Jan. - Dec. 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Long Lake | 30 | 31 | -3.2% | $300,000 | $303,000 | -1% |
| Spring Park | 13 | 14 | -7.1% | $300,000 | $414,275 | -27.6% |
| St. Louis Park | 848 | 685 | 23.8% | $300,000 | $275,000 | 9.1% |
| Hopkins | 213 | 221 | -3.6% | $274,495 | $248,000 | 10.7% |
| Medicine Lake | 4 | 3 | 33.3% | $273,500 | $415,000 | -34.1% |
| Bloomington | 1,214 | 1,064 | 14.1% | $268,000 | $255,200 | 5% |
| Champlin | 345 | 326 | 5.8% | $255,000 | $242,500 | 5.2% |
| Minneapolis | 5,952 | 5,224 | 13.9% | $255,000 | $237,000 | 7.6% |
| Mound | 221 | 243 | -9.1% | $255,000 | $240,000 | 6.3% |
| Loretto | 15 | 12 | 25% | $253,000 | $265,000 | -4.5% |
| Maple Plain | 19 | 19 | 0% | $250,000 | $235,000 | 6.4% |
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