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South Hennepin News

Friday, September 12, 2025

Bloomington home prices unchanged in October 2018

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Adobe Stock

The median sale price of a home sold in October 2018 in Bloomington was unchanged while total sales increased by 44.7%, according to BlockShopper.com.

In October 2018, there were 123 homes sold, with a median sale price of $255,000. There were 85 homes sold in Bloomington in October 2017, and the median sales price for the period was also $255,000.

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 October 2018.

The following table compares Bloomington to other Hennepin County cities with similar median sales prices in October 2018:

CityOct. 2018 Home SalesOct. 2017 Home Sales% change (Total Home Sales)Oct. 2018 Median Sales PriceOct. 2017 Median Sales Price% change (Median Sales Price)
Tonka Bay3250%$285,000$2,200,000-87%
Hopkins251747.1%$275,835$225,00022.6%
Loretto12-50%$270,000$156,95072%
Dayton6450%$266,875$262,0501.8%
Champlin272128.6%$258,000$247,0004.5%
Bloomington1238544.7%$255,000$255,0000%
Long Lake23-33.3%$255,000$267,000-4.5%
Minneapolis55141233.7%$250,000$226,57510.3%
Richfield614438.6%$250,000$235,0006.4%
Brooklyn Park1199920.2%$250,000$225,00011.1%
New Hope402748.1%$247,000$235,5004.9%

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