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South Hennepin News

Friday, September 12, 2025

Bloomington home prices rise in the first quarter of 2019

Webp realestate2

The median sale price of a home sold in the first quarter of 2019 in Bloomington rose by $22,250 while total sales decreased by 8%, according to BlockShopper.com.

From January through March of 2019, there were 172 homes sold, with a median sale price of $272,250 - a 8.9% increase over the $250,000 median sale price for the same period of the previous year. There were 187 homes sold in Bloomington in the first quarter of 2018.

The median sales tax in Bloomington for the most recent year with available data, 2015, was $2,927, approximately 1.1% of the median home sale price for the first quarter of 2019.

The following table compares Bloomington to other Hennepin County cities with similar median sales prices in the first quarter of 2019:

CityJan. - Mar. 2019 Home SalesJan. - Mar. 2018 Home Sales% change (Total Home Sales)Jan. - Mar. 2019 Median Sales PriceJan. - Mar. 2018 Median Sales Price% change (Median Sales Price)
Hanover31200%$310,000$979,000-68.3%
St. Louis Park1451385.1%$308,000$290,9505.9%
Hopkins312810.7%$305,000$285,0007%
Maple Grove156180-13.3%$303,750$293,0003.7%
Rogers442483.3%$288,000$327,500-12.1%
Bloomington172187-8%$272,250$250,0008.9%
Champlin5154-5.6%$260,000$249,5004.2%
Minneapolis9959613.5%$257,500$243,0006%
New Hope3754-31.5%$255,000$229,50011.1%
Mound373215.6%$254,899$248,0002.8%
Loretto15-80%$250,000$253,000-1.2%

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