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Saturday, November 2, 2024

What happened to the median home price in Eden Prairie during January 2021?

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The median sale price of a home sold in January 2021 in Eden Prairie fell by $88,750 while total sales decreased by 70.7%, according to BlockShopper.com.

In January 2021, there were 12 homes sold, with a median sale price of $361,250 - a 19.7% decrease over the $450,000 median sale price for the same period of the previous year. There were 41 homes sold in Eden Prairie in January 2020.

The median sales tax in Eden Prairie for the most recent year with available data, 2019, was $4,772, approximately 1.3% of the median home sale price for January 2021.

The following table compares Eden Prairie to other Hennepin County cities with similar median sale prices in January 2021:

CityJan. 2021 Home SalesJan. 2020 Home Sales% change (Total Home Sales)Jan. 2021 Median Sales PriceJan. 2020 Median Sales Price% change (Median Sales Price)
Minnetrista316-81.3%$444,500$474,325-6.3%
Long Lake23-33.3%$399,450$285,00040.2%
Rogers46-33.3%$386,500$281,87537.1%
Minnetonka836-77.8%$385,000$432,000-10.9%
Plymouth851-84.3%$377,500$355,0006.3%
Eden Prairie1241-70.7%$361,250$450,000-19.7%
St. Anthony12-50%$334,000$194,707.5071.5%
Mound210-80%$314,950$275,00014.5%
St. Louis Park1644-63.6%$311,725$302,2503.1%
Champlin321-85.7%$310,500$262,00018.5%
Richfield721-66.7%$308,000$274,00012.4%

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