From April through June of 2020, there were 161 homes sold, with a median sale price of $300,000 - a 4.5% increase over the $287,100 median sale price for the same period of the previous year. There were 389 homes sold in Bloomington in the second quarter of 2019.
The median sales tax in Bloomington for the most recent year with available data, 2019, was $3,580, approximately 1.2% of the median home sale price for the second quarter of 2020.
The following table compares Bloomington to other Hennepin County cities with similar median sales prices in the second quarter of 2020:
| City | Apr. - June 2020 Home Sales | Apr. - June 2019 Home Sales | % change (Total Home Sales) | Apr. - June 2020 Median Sales Price | Apr. - June 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Maple Grove | 233 | 328 | -29% | $340,000 | $324,950 | 4.6% |
| Long Lake | 7 | 5 | 40% | $339,000 | $325,000 | 4.3% |
| Rogers | 25 | 55 | -54.5% | $331,000 | $310,000 | 6.8% |
| Hopkins | 28 | 61 | -54.1% | $328,850 | $285,000 | 15.4% |
| Minneapolis | 986 | 1,655 | -40.4% | $303,750 | $285,000 | 6.6% |
| Bloomington | 161 | 389 | -58.6% | $300,000 | $287,100 | 4.5% |
| Champlin | 62 | 119 | -47.9% | $293,250 | $270,000 | 8.6% |
| Osseo | 9 | 4 | 125% | $287,550 | $249,750 | 15.1% |
| Hanover | 1 | 5 | -80% | $285,000 | $385,000 | -26% |
| Richfield | 105 | 159 | -34% | $282,000 | $273,950 | 2.9% |
| New Hope | 52 | 92 | -43.5% | $280,000 | $258,000 | 8.5% |
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