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South Hennepin News

Sunday, November 24, 2024

St. Louis Park home prices rise in October 2020

Realestate5

The median sale price of a home sold in October 2020 in St. Louis Park rose by $19,750 while total sales decreased by 71.4%, according to BlockShopper.com.

In October 2020, there were 14 homes sold, with a median sale price of $344,750 - a 6.1% increase over the $325,000 median sale price for the same period of the previous year. There were 49 homes sold in St. Louis Park in October 2019.

The median sales tax in St. Louis Park for the most recent year with available data, 2019, was $3,996, approximately 1.2% of the median home sale price for October 2020.

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

CityOct. 2020 Home SalesOct. 2019 Home Sales% change (Total Home Sales)Oct. 2020 Median Sales PriceOct. 2019 Median Sales Price% change (Median Sales Price)
Golden Valley824-66.7%$441,000$326,25035.2%
Maple Grove1762-72.6%$421,000$327,45028.6%
Eden Prairie1464-78.1%$406,250$370,0009.8%
St. Anthony13-66.7%$380,000$317,50019.7%
Plymouth1593-83.9%$355,000$382,000-7.1%
St. Louis Park1449-71.4%$344,750$325,0006.1%
Richfield1146-76.1%$320,000$273,62516.9%
Brooklyn Park2274-70.3%$320,000$245,00030.6%
Minneapolis140371-62.3%$315,000$289,5008.8%
New Hope529-82.8%$300,000$272,00010.3%
Bloomington16103-84.5%$299,450$279,9007%

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