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Saturday, September 13, 2025

What happened to the median home price in Bloomington during July 2021?

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The median sale price of a home sold in July 2021 in Bloomington rose by $32,750 while total sales decreased by 74.3%, according to BlockShopper.com.

In July 2021, there were 19 homes sold, with a median sale price of $345,000 - a 10.5% increase over the $312,250 median sale price for the same period of the previous year. There were 74 homes sold in Bloomington in July 2020.

The median sales tax in Bloomington for the most recent year with available data, 2019, was $3,580, approximately 1% of the median home sale price for July 2021.

The following table compares Bloomington to other Hennepin County cities with similar median sale prices in July 2021:

CityJuly 2021 Home SalesJuly 2020 Home Sales% change (Total Home Sales)July 2021 Median Sales PriceJuly 2020 Median Sales Price% change (Median Sales Price)
Loretto10-$399,000$0-
St. Louis Park1662-74.2%$391,492.50$365,0007.3%
Minnetrista215-86.7%$366,095$492,500-25.7%
New Hope521-76.2%$360,000$292,65223%
Champlin517-70.6%$355,000$285,00024.6%
Bloomington1974-74.3%$345,000$312,25010.5%
Minneapolis103360-71.4%$342,016$310,00010.3%
Brooklyn Park2491-73.6%$335,500$295,00013.7%
Osseo110%$315,000$196,15060.6%
Richfield1138-71.1%$308,000$298,8003.1%
Dayton38-62.5%$305,000$272,50011.9%

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