From January through June of 2021, there were four homes sold, with a median sale price of $450,000 - a 32.3% decrease over the $664,250 median sale price for the same period of the previous year. There were six homes sold in Spring Park in the first half of 2020.
The median sales tax in Spring Park for the most recent year with available data, 2019, was $5,442, approximately 1.2% of the median home sale price for the first half of 2021.
The following table compares Spring Park to other Hennepin County cities with similar median sale prices in the first half of 2021:
| City | Jan. - June 2021 Home Sales | Jan. - June 2020 Home Sales | % change (Total Home Sales) | Jan. - June 2021 Median Sales Price | Jan. - June 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Minnetrista | 52 | 74 | -29.7% | $538,600.50 | $482,500 | 11.6% |
| Shorewood | 29 | 60 | -51.7% | $514,900 | $470,000 | 9.6% |
| Minnetonka | 149 | 281 | -47% | $470,000 | $425,000 | 10.6% |
| Corcoran | 24 | 33 | -27.3% | $462,500 | $375,000 | 23.3% |
| Dayton | 16 | 28 | -42.9% | $455,000 | $302,500 | 50.4% |
| Spring Park | 4 | 6 | -33.3% | $450,000 | $664,250 | -32.3% |
| Plymouth | 208 | 419 | -50.4% | $429,250 | $374,900 | 14.5% |
| Eden Prairie | 188 | 262 | -28.2% | $429,250 | $399,900 | 7.3% |
| Golden Valley | 78 | 138 | -43.5% | $420,000 | $360,795 | 16.4% |
| Rogers | 46 | 65 | -29.2% | $410,000 | $329,900 | 24.3% |
| St. Anthony | 17 | 23 | -26.1% | $410,000 | $365,000 | 12.3% |
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