From January through June, there were 455 homes sold, with a median sale price of $360,000 - a 6.1 percent increase over the $339,250 median sale price for the same period of the previous year. There were 328 homes sold in Bloomington in the first half of 2021.
The median sales tax in Bloomington for the most recent year with available data, 2019, was $3,580, approximately one percent of the median home sale price for the first half of 2022.
The following table compares Bloomington to other Hennepin County cities with similar median sale prices in the first half of 2022:
| City | January - June 2022 Home Sales | January - June 2021 Home Sales | % change (Total Home Sales) | January - June 2022 Median Sales Price | January - June 2021 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| St. Louis Park | 329 | 216 | 52.3 | $385,000 | $373,500 | 3.1 |
| Champlin | 162 | 87 | 86.2 | $377,000 | $324,800 | 16.1 |
| Long Lake | 8 | 8 | 0 | $375,000 | $365,000 | 2.7 |
| Loretto | 1 | 5 | -80 | $365,000 | $410,000 | -11 |
| Hopkins | 80 | 40 | 100 | $363,250 | $375,500 | -3.3 |
| Bloomington | 455 | 328 | 38.7 | $360,000 | $339,250 | 6.1 |
| Mound | 80 | 60 | 33.3 | $358,000 | $352,000 | 1.7 |
| Maple Plain | 9 | 8 | 12.5 | $352,000 | $339,500 | 3.7 |
| Richfield | 216 | 182 | 18.7 | $350,000 | $325,000 | 7.7 |
| Dayton | 33 | 18 | 83.3 | $344,000 | $403,890 | -14.8 |
| New Hope | 134 | 88 | 52.3 | $338,612 | $321,500 | 5.3 |
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