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Minnesota State Wire

Friday, September 12, 2025

Bloomington home prices rise in May 2018

Realestate1

The median sale price of a home sold in May 2018 in Bloomington rose by $26,000 while total sales decreased by 29.7%, according to BlockShopper.com.

In May 2018, there were 97 homes sold, with a median sale price of $278,000 - a 10.3% increase over the $252,000 median sale price for the same period of the previous year. There were 138 homes sold in Bloomington in May 2017.

The median sales tax in Bloomington for the most recent year with available data, 2015, was $2,927, approximately 1.1% of the median home sale price for May 2018.

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

CityMay 2018 Home SalesMay 2017 Home Sales% change (Total Home Sales)May 2018 Median Sales PriceMay 2017 Median Sales Price% change (Median Sales Price)
St. Louis Park7584-10.7%$319,500$275,00016.2%
Maple Grove109138-21%$302,500$300,2500.7%
Hopkins1430-53.3%$298,750$248,50020.2%
Champlin2427-11.1%$287,500$245,00017.3%
Mound1527-44.4%$280,000$260,0007.7%
Bloomington97138-29.7%$278,000$252,00010.3%
St. Anthony58-37.5%$272,000$285,200-4.6%
Minneapolis507568-10.7%$260,000$238,5009%
Loretto13-66.7%$258,900$229,90012.6%
Brooklyn Park108116-6.9%$258,000$226,25014%
Long Lake3250%$255,000$178,00043.3%

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