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South Hennepin News

Wednesday, November 6, 2024

St. Louis Park home prices rise 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 St. Louis Park rose by $19,900 while total sales decreased by 20%, according to BlockShopper.com.

From July through December of 2019, there were 343 homes sold, with a median sale price of $319,900 - a 6.6% increase over the $300,000 median sale price for the same period of the previous year. There were 429 homes sold in St. Louis Park in the second half of 2018.

The median sales tax in St. Louis Park for the most recent year with available data, 2015, was $3,210, approximately 1% of the median home sale price for the second half of 2019.

The following table compares St. Louis Park 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)
Golden Valley192203-5.4%$345,500$310,00011.5%
Greenfield2238-42.1%$340,000$381,500-10.9%
Maple Grove562602-6.6%$337,750$301,50012%
Corcoran403514.3%$335,000$389,900-14.1%
Rogers82110-25.5%$331,500$325,0002%
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%

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