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South Hennepin News

Wednesday, November 6, 2024

Golden Valley 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 Golden Valley rose by $12,000 while total sales decreased by 18.8%, according to BlockShopper.com.

From October through December of 2019, there were 69 homes sold, with a median sale price of $330,000 - a 3.8% increase over the $318,000 median sale price for the same period of the previous year. There were 85 homes sold in Golden Valley in the fourth quarter of 2018.

The median sales tax in Golden Valley for the most recent year with available data, 2015, was $4,169, approximately 1.3% of the median home sale price for the fourth quarter of 2019.

The following table compares Golden Valley 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)
Eden Prairie148224-33.9%$385,000$350,00010%
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%

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