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South Hennepin News

Saturday, November 23, 2024

Bloomington home prices rise in November 2020

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The median sale price of a home sold in November 2020 in Bloomington rose by $14,850 while total sales decreased by 84.9%, according to BlockShopper.com.

In November 2020, there were 11 homes sold, with a median sale price of $292,350 - a 5.4% increase over the $277,500 median sale price for the same period of the previous year. There were 73 homes sold in Bloomington in November 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 November 2020.

The following table compares Bloomington to other Hennepin County cities with similar median sales prices in November 2020:

CityNov. 2020 Home SalesNov. 2019 Home Sales% change (Total Home Sales)Nov. 2020 Median Sales PriceNov. 2019 Median Sales Price% change (Median Sales Price)
Eden Prairie639-84.6%$338,500$409,000-17.2%
Maple Grove866-87.9%$337,450$327,4503.1%
Rogers311-72.7%$334,900$350,000-4.3%
Minneapolis60323-81.4%$325,500$280,00016.3%
St. Louis Park635-82.9%$307,500$324,900-5.4%
Bloomington1173-84.9%$292,350$277,5005.4%
Champlin320-85%$286,000$259,00010.4%
St. Anthony110%$274,000$322,000-14.9%
Crystal235-94.3%$272,450$240,00013.5%
Maple Plain23-33.3%$270,450$245,00010.4%
Brooklyn Park1262-80.6%$254,750$255,000-0.1%

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