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Minnesota State Wire

Friday, September 12, 2025

Bloomington home prices rise in February 2018

Realestate4

The median sale price of a home sold in February 2018 in Bloomington rose by $36,000 while total sales decreased by 8.6%, according to BlockShopper.com.

In February 2018, there were 53 homes sold, with a median sale price of $265,000 - a 15.7% increase over the $229,000 median sale price for the same period of the previous year. There were 58 homes sold in Bloomington in February 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 February 2018.

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

CityFeb. 2018 Home SalesFeb. 2017 Home Sales% change (Total Home Sales)Feb. 2018 Median Sales PriceFeb. 2017 Median Sales Price% change (Median Sales Price)
Golden Valley221283.3%$299,775$308,750-2.9%
Long Lake51400%$295,000$289,9001.8%
Maple Grove554619.6%$292,500$282,5003.5%
St. Louis Park37348.8%$289,900$252,50014.8%
Loretto10-$285,620$0-
Bloomington5358-8.6%$265,000$229,00015.7%
Osseo3250%$241,000$2,243,500-89.3%
Brooklyn Park6471-9.9%$238,250$209,90013.5%
Champlin181520%$238,200$205,00016.2%
Richfield3038-21.1%$236,250$211,25011.8%
New Hope1318-27.8%$235,000$196,00019.9%

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