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South Hennepin News

Wednesday, November 6, 2024

St. Louis Park home prices rise in the fourth quarter of 2019

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The median sale price of a home sold in the fourth quarter of 2019 in St. Louis Park rose by $30,500 while total sales decreased by 22%, according to BlockShopper.com.

From October through December of 2019, there were 135 homes sold, with a median sale price of $325,000 - a 10.4% increase over the $294,500 median sale price for the same period of the previous year. There were 173 homes sold in St. Louis Park in the fourth quarter 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 fourth quarter of 2019.

The following table compares St. Louis Park to other Hennepin County cities with similar median sales prices in the fourth quarter of 2019:

CityOct. - Dec. 2019 Home SalesOct. - Dec. 2018 Home Sales% change (Total Home Sales)Oct. - Dec. 2019 Median Sales PriceOct. - Dec. 2018 Median Sales Price% change (Median Sales Price)
Long Lake9650%$365,000$307,50018.7%
Plymouth234264-11.4%$359,500$350,0002.7%
Tonka Bay412-66.7%$347,000$635,000-45.4%
Spring Park5366.7%$335,000$420,000-20.2%
Golden Valley6985-18.8%$330,000$318,0003.8%
St. Louis Park135173-22%$325,000$294,50010.4%
Maple Grove196264-25.8%$323,500$309,9504.4%
St. Anthony518-72.2%$317,500$274,25015.8%
Hopkins3968-42.6%$299,900$259,95015.4%
Dayton171330.8%$296,900$243,00022.2%
Rogers2341-43.9%$295,000$329,900-10.6%

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