In May, there were 13 homes sold, with a median sale price of $576,000 - a 1.1 percent decrease from the $582,500 median sale price for the same period of the previous year. There were 14 homes sold in Orono in May 2021.
The median sales tax in Orono for the most recent year with available data, 2019, was $6,598, approximately 1.1 percent of the median home sale price for May.
The following table compares Orono to other Hennepin County cities with similar median sale prices in May:
| City | May 2022 Home Sales | May 2021 Home Sales | % change (Total Home Sales) | May 2022 Median Sales Price | May 2021 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Medina | 6 | 5 | 20 | $667,500 | $1,300,000 | -48.7 |
| Hanover | 3 | 1 | 200 | $635,000 | $388,900 | 63.3 |
| Greenfield | 4 | 3 | 33.3 | $621,500 | $355,000 | 75.1 |
| Corcoran | 4 | 8 | -50 | $617,500 | $502,000 | 23 |
| Minnetrista | 14 | 13 | 7.7 | $577,113 | $785,000 | -26.5 |
| Orono | 13 | 14 | -7.1 | $576,000 | $582,500 | -1.1 |
| Wayzata | 6 | 3 | 100 | $569,500 | $1,200,000 | -52.5 |
| Eden Prairie | 61 | 59 | 3.4 | $506,000 | $517,000 | -2.1 |
| Plymouth | 76 | 56 | 35.7 | $480,500 | $397,500 | 20.9 |
| Minnetonka | 51 | 36 | 41.7 | $470,555 | $442,500 | 6.3 |
| Rogers | 26 | 20 | 30 | $457,450 | $416,200 | 9.9 |
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