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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:
City | Oct. 2018 Home Sales | Oct. 2017 Home Sales | % change (Total Home Sales) | Oct. 2018 Median Sales Price | Oct. 2017 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Tonka Bay | 3 | 2 | 50% | $285,000 | $2,200,000 | -87% |
Hopkins | 25 | 17 | 47.1% | $275,835 | $225,000 | 22.6% |
Loretto | 1 | 2 | -50% | $270,000 | $156,950 | 72% |
Dayton | 6 | 4 | 50% | $266,875 | $262,050 | 1.8% |
Champlin | 27 | 21 | 28.6% | $258,000 | $247,000 | 4.5% |
Bloomington | 123 | 85 | 44.7% | $255,000 | $255,000 | 0% |
Long Lake | 2 | 3 | -33.3% | $255,000 | $267,000 | -4.5% |
Minneapolis | 551 | 412 | 33.7% | $250,000 | $226,575 | 10.3% |
Richfield | 61 | 44 | 38.6% | $250,000 | $235,000 | 6.4% |
Brooklyn Park | 119 | 99 | 20.2% | $250,000 | $225,000 | 11.1% |
New Hope | 40 | 27 | 48.1% | $247,000 | $235,500 | 4.9% |