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South Hennepin News

Wednesday, November 6, 2024

Bloomington home prices rise in December 2019

Realestate3

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Adobe Stock

The median sale price of a home sold in December 2019 in Bloomington rose by $50,000 while total sales increased by 2.7%, according to BlockShopper.com.

In December 2019, there were 75 homes sold, with a median sale price of $310,000 - a 19.2% increase over the $260,000 median sale price for the same period of the previous year. There were 73 homes sold in Bloomington in December 2018.

The median sales tax in Bloomington for the most recent year with available data, 2015, was $2,927, approximately 0.9% of the median home sale price for December 2019.

The following table compares Bloomington to other Hennepin County cities with similar median sales prices in December 2019:

CityDec. 2019 Home SalesDec. 2018 Home Sales% change (Total Home Sales)Dec. 2019 Median Sales PriceDec. 2018 Median Sales Price% change (Median Sales Price)
Rogers312-75%$335,000$327,6502.2%
Independence13-66.7%$335,000$359,900-6.9%
St. Louis Park51478.5%$330,000$300,00010%
Tonka Bay24-50%$328,000$494,750-33.7%
Maple Grove68671.5%$321,800$320,0000.6%
Bloomington75732.7%$310,000$260,00019.2%
Hopkins819-57.9%$308,750$245,60025.7%
St. Anthony14-75%$308,000$239,00028.9%
Minneapolis307388-20.9%$269,900$250,5007.7%
Champlin362450%$257,450$261,500-1.5%
Richfield3650-28%$256,000$230,00011.3%

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