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South Hennepin News

Saturday, November 2, 2024

St. Louis Park home prices rise in August 2020

Realestate4

The median sale price of a home sold in August 2020 in St. Louis Park rose by $70,000 while total sales decreased by 64.7%, according to BlockShopper.com.

In August 2020, there were 24 homes sold, with a median sale price of $395,000 - a 21.5% increase over the $325,000 median sale price for the same period of the previous year. There were 68 homes sold in St. Louis Park in August 2019.

The median sales tax in St. Louis Park for the most recent year with available data, 2019, was $3,996, approximately 1% of the median home sale price for August 2020.

The following table compares St. Louis Park to other Hennepin County cities with similar median sales prices in August 2020:

CityAug. 2020 Home SalesAug. 2019 Home Sales% change (Total Home Sales)Aug. 2020 Median Sales PriceAug. 2019 Median Sales Price% change (Median Sales Price)
Minnetonka2493-74.2%$426,000$335,00027.2%
Plymouth30128-76.6%$415,750$402,5003.3%
Maple Grove49141-65.2%$407,200$325,00025.3%
Minnetrista1524-37.5%$407,000$414,995-1.9%
Rogers530-83.3%$400,000$338,70018.1%
St. Louis Park2468-64.7%$395,000$325,00021.5%
Eden Prairie14102-86.3%$394,100$386,7501.9%
Corcoran49-55.6%$392,500$400,000-1.9%
Golden Valley1238-68.4%$391,200$366,2506.8%
Spring Park110%$365,000$950,000-61.6%
Dayton18-87.5%$345,000$472,500-27%

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