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South Hennepin News

Wednesday, November 6, 2024

Bloomington home prices rise in October 2019

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The median sale price of a home sold in October 2019 in Bloomington rose by $24,900 while total sales decreased by 16.3%, according to BlockShopper.com.

In October 2019, there were 103 homes sold, with a median sale price of $279,900 - a 9.8% increase over the $255,000 median sale price for the same period of the previous year. There were 123 homes sold in Bloomington in October 2018.

The median sales tax in Bloomington for the most recent year with available data, 2015, was $2,927, approximately 1% of the median home sale price for October 2019.

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

CityOct. 2019 Home SalesOct. 2018 Home Sales% change (Total Home Sales)Oct. 2019 Median Sales PriceOct. 2018 Median Sales Price% change (Median Sales Price)
Golden Valley2430-20%$326,250$328,525-0.7%
St. Louis Park4972-31.9%$325,000$291,50011.5%
St. Anthony39-66.7%$317,500$345,000-8%
Hopkins1725-32%$313,000$275,83513.5%
Minneapolis371551-32.7%$289,500$250,00015.8%
Bloomington103123-16.3%$279,900$255,0009.8%
Dayton9650%$275,000$266,8753%
Richfield4661-24.6%$273,625$250,0009.5%
New Hope2940-27.5%$272,000$247,00010.1%
Champlin28273.7%$268,950$258,0004.2%
Greenfield35-40%$265,000$477,500-44.5%

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