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Minnesota State Wire

Friday, September 12, 2025

Greenwood home prices fall in June 2018

Realestate1

The median sale price of a home sold in June 2018 in Greenwood fell by $203,500 while total sales increased by 100%, according to BlockShopper.com.

In June 2018, there were four homes sold, with a median sale price of $982,500 - a 17.2% decrease over the $1,186,000 median sale price for the same period of the previous year. There were two homes sold in Greenwood in June 2017.

The median sales tax in Greenwood for the most recent year with available data, 2015, was $9,543, approximately 1% of the median home sale price for June 2018.

The following table compares Greenwood to other Hennepin County cities with similar median sales prices in June 2018:

CityJune 2018 Home SalesJune 2017 Home Sales% change (Total Home Sales)June 2018 Median Sales PriceJune 2017 Median Sales Price% change (Median Sales Price)
Minnetonka Beach21100%$1,252,500$3,275,000-61.8%
Greenwood42100%$982,500$1,186,000-17.2%
Deephaven69-33.3%$952,000$962,400-1.1%
Tonka Bay26-66.7%$891,097.50$1,023,196.50-12.9%
Excelsior23-33.3%$839,250$2,125,000-60.5%
Medina1319-31.6%$807,000$538,00050%
Orono1820-10%$737,600$476,60054.8%
Wayzata11683.3%$614,900$517,75018.8%
Independence48-50%$574,950$400,90043.4%
Edina6793-28%$510,000$555,000-8.1%
Shorewood262218.2%$469,950$431,4508.9%

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