From January through March of 2021, there were 105 homes sold, with a median sale price of $305,000. There were 155 homes sold in Bloomington in the first quarter of 2020, and the median sales price for the period was also $305,000.
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 first quarter of 2021.
The following table compares Bloomington to other Hennepin County cities with similar median sale prices in the first quarter of 2021:
| City | Jan. - Mar. 2021 Home Sales | Jan. - Mar. 2020 Home Sales | % change (Total Home Sales) | Jan. - Mar. 2021 Median Sales Price | Jan. - Mar. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Woodland | 1 | 0 | - | $350,000 | $0 | - |
| St. Louis Park | 76 | 134 | -43.3% | $346,250 | $310,000 | 11.7% |
| Maple Grove | 83 | 209 | -60.3% | $345,000 | $329,000 | 4.9% |
| Minneapolis | 673 | 895 | -24.8% | $308,000 | $280,000 | 10% |
| Richfield | 55 | 75 | -26.7% | $308,000 | $275,500 | 11.8% |
| Bloomington | 105 | 155 | -32.3% | $305,000 | $305,000 | 0% |
| New Hope | 35 | 42 | -16.7% | $299,000 | $253,750 | 17.8% |
| Long Lake | 3 | 7 | -57.1% | $299,000 | $292,000 | 2.4% |
| Champlin | 24 | 60 | -60% | $291,000 | $268,950 | 8.2% |
| Brooklyn Park | 116 | 199 | -41.7% | $290,000 | $255,000 | 13.7% |
| Osseo | 6 | 1 | 500% | $268,500 | $227,800 | 17.9% |
Alerts Sign-up