From January through December of 2018, there were 13 homes sold, with a median sale price of $300,000 - a 27.6% decrease over the $414,275 median sale price for the previous year. There were 14 homes sold in Spring Park in 2017.
The median sales tax in Spring Park for the most recent year with available data, 2015, was $4,534, approximately 1.5% of the median home sale price for 2018.
The following table compares Spring Park 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) |
|---|---|---|---|---|---|---|
| Rogers | 215 | 181 | 18.8% | $325,000 | $295,500 | 10% |
| St. Anthony | 93 | 89 | 4.5% | $315,818 | $291,655 | 8.3% |
| Golden Valley | 416 | 361 | 15.2% | $310,000 | $314,000 | -1.3% |
| Maple Grove | 1,169 | 1,113 | 5% | $303,000 | $285,000 | 6.3% |
| 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% |
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