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South Hennepin News

Wednesday, December 4, 2024

First half of 2022: Minnetrista experienced a 3.6% increase in median home prices

Re 9

The median sale price of a home sold in the first half of 2022 in Minnetrista rose by $20,000 while total sales increased by 47.5 percent, according to BlockShopper.com.

From January through June, there were 90 homes sold, with a median sale price of $580,000 - a 3.6 percent increase over the $560,000 median sale price for the same period of the previous year. There were 61 homes sold in Minnetrista in the first half of 2021.

The median sales tax in Minnetrista for the most recent year with available data, 2019, was $4,610, approximately 0.8 percent of the median home sale price for the first half of 2022.

The following table compares Minnetrista to other Hennepin County cities with similar median sale prices in the first half of 2022:

CityJanuary - June 2022 Home SalesJanuary - June 2021 Home Sales% change (Total Home Sales)January - June 2022 Median Sales PriceJanuary - June 2021 Median Sales Price% change (Median Sales Price)
Tonka Bay13128.3$926,000$885,0004.6
Deephaven2713107.7$805,000$930,000-13.4
Medina453050$770,000$798,500-3.6
Edina34425037.6$750,000$718,7504.3
Orono825451.9$737,500$797,500-7.5
Minnetrista906147.5$580,000$560,0003.6
Hanover114175$569,500$380,99549.5
Greenfield201533.3$559,000$355,00057.5
Shorewood383411.8$550,500$535,6632.8
Minnetonka31418668.8$530,000$475,00011.6
Independence191618.8$499,900$633,375-21.1

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