From July through September of 2021, there were 224 homes sold, with a median sale price of $350,500 - a 8.3% increase over the $323,500 median sale price for the same period of the previous year. There were 200 homes sold in Bloomington in the third quarter of 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 the third quarter of 2021.
The following table compares Bloomington to other Hennepin County cities with similar median sale prices in the third quarter of 2021:
| City | July - Sept. 2021 Home Sales | July - Sept. 2020 Home Sales | % change (Total Home Sales) | July - Sept. 2021 Median Sales Price | July - Sept. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Maple Plain | 3 | 6 | -50% | $399,900 | $321,500 | 24.4% |
| Maple Grove | 211 | 227 | -7% | $389,000 | $370,000 | 5.1% |
| Loretto | 5 | 0 | - | $365,000 | $0 | - |
| Hanover | 1 | 2 | -50% | $364,900 | $380,000 | -4% |
| St. Louis Park | 151 | 139 | 8.6% | $353,000 | $365,000 | -3.3% |
| Bloomington | 224 | 200 | 12% | $350,500 | $323,500 | 8.3% |
| Hopkins | 36 | 36 | 0% | $347,500 | $327,750 | 6% |
| Champlin | 90 | 61 | 47.5% | $345,000 | $290,000 | 19% |
| Minneapolis | 981 | 1,003 | -2.2% | $330,000 | $316,000 | 4.4% |
| Richfield | 107 | 92 | 16.3% | $325,000 | $297,500 | 9.2% |
| Brooklyn Park | 230 | 213 | 8% | $320,250 | $286,500 | 11.8% |
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