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South Hennepin News

Wednesday, November 6, 2024

Bloomington home prices rise in November 2019

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The median sale price of a home sold in November 2019 in Bloomington rose by $11,000 while total sales decreased by 20.7%, according to BlockShopper.com.

In November 2019, there were 73 homes sold, with a median sale price of $277,500 - a 4.1% increase over the $266,500 median sale price for the same period of the previous year. There were 92 homes sold in Bloomington in November 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 November 2019.

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

CityNov. 2019 Home SalesNov. 2018 Home Sales% change (Total Home Sales)Nov. 2019 Median Sales PriceNov. 2018 Median Sales Price% change (Median Sales Price)
St. Anthony15-80%$322,000$235,50036.7%
Tonka Bay15-80%$319,000$1,268,000-74.8%
Golden Valley2230-26.7%$312,500$323,500-3.4%
Corcoran67-14.3%$288,350$320,000-9.9%
Minneapolis323479-32.6%$280,000$250,00012%
Bloomington7392-20.7%$277,500$266,5004.1%
Hopkins1424-41.7%$273,400$259,7505.3%
Mound1220-40%$267,450$240,00011.4%
Richfield4654-14.8%$264,000$258,0502.3%
Champlin2037-45.9%$259,000$245,0005.7%
Brooklyn Park62110-43.6%$255,000$235,2508.4%

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