In June 2018, there were 18 homes sold, with a median sale price of $737,600 - a 54.8% increase over the $476,600 median sale price for the same period of the previous year. There were 20 homes sold in Orono in June 2017.
The median sales tax in Orono for the most recent year with available data, 2015, was $5,930, approximately 0.8% of the median home sale price for June 2018.
The following table compares Orono to other Hennepin County cities with similar median sales prices in June 2018:
| City | June 2018 Home Sales | June 2017 Home Sales | % change (Total Home Sales) | June 2018 Median Sales Price | June 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Greenwood | 4 | 2 | 100% | $982,500 | $1,186,000 | -17.2% |
| Deephaven | 6 | 9 | -33.3% | $952,000 | $962,400 | -1.1% |
| Tonka Bay | 2 | 6 | -66.7% | $891,097.50 | $1,023,196.50 | -12.9% |
| Excelsior | 2 | 3 | -33.3% | $839,250 | $2,125,000 | -60.5% |
| Medina | 13 | 19 | -31.6% | $807,000 | $538,000 | 50% |
| Orono | 18 | 20 | -10% | $737,600 | $476,600 | 54.8% |
| Wayzata | 11 | 6 | 83.3% | $614,900 | $517,750 | 18.8% |
| Independence | 4 | 8 | -50% | $574,950 | $400,900 | 43.4% |
| Edina | 67 | 93 | -28% | $510,000 | $555,000 | -8.1% |
| Shorewood | 26 | 22 | 18.2% | $469,950 | $431,450 | 8.9% |
| Minnetrista | 23 | 33 | -30.3% | $462,000 | $384,690 | 20.1% |
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