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South Hennepin News

Wednesday, November 6, 2024

Maple Plain home prices fall in the second half of 2019

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The median sale price of a home sold in the second half of 2019 in Maple Plain fell by $10,000 while total sales increased by 160%, according to BlockShopper.com.

From July through December of 2019, there were 13 homes sold, with a median sale price of $270,000 - a 3.6% decrease over the $280,000 median sale price for the same period of the previous year. There were five homes sold in Maple Plain in the second half of 2018.

The median sales tax in Maple Plain for the most recent year with available data, 2015, was $3,219, approximately 1.2% of the median home sale price for the second half of 2019.

The following table compares Maple Plain to other Hennepin County cities with similar median sales prices in the second half of 2019:

CityJuly - Dec. 2019 Home SalesJuly - Dec. 2018 Home Sales% change (Total Home Sales)July - Dec. 2019 Median Sales PriceJuly - Dec. 2018 Median Sales Price% change (Median Sales Price)
St. Louis Park343429-20%$319,900$300,0006.6%
Bloomington611657-7%$291,000$269,0008.2%
Minneapolis2,5843,143-17.8%$281,000$255,00010.2%
Hopkins106136-22.1%$280,000$267,7504.6%
Champlin2001886.4%$274,950$257,5006.8%
Maple Plain135160%$270,000$280,000-3.6%
Richfield305339-10%$270,000$250,0008%
New Hope148181-18.2%$262,200$244,0007.5%
Brooklyn Park539669-19.4%$258,000$245,0005.3%
Loretto147100%$257,500$257,600-0%
Mound112119-5.9%$254,250$260,000-2.2%

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