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Minnesota State Wire

Thursday, September 11, 2025

Minneapolis home prices rise in December 2017

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The median sale price of a home sold in December 2017 in Minneapolis rose by $3,750 while total sales increased by 4%, according to BlockShopper.com.

In December 2017, there were 338 homes sold, with a median sale price of $218,750 - a 1.7% increase over the $215,000 median sale price for the same period of the previous year. There were 325 homes sold in Minneapolis in December 2016.

The median sales tax in Minneapolis for the most recent year with available data, 2015, was $2,968, approximately 1.4% of the median home sale price for December 2017.

The following table compares Minneapolis to other Hennepin County cities with similar median sales prices in December 2017:

CityDec. 2017 Home SalesDec. 2016 Home Sales% change (Total Home Sales)Dec. 2017 Median Sales PriceDec. 2016 Median Sales Price% change (Median Sales Price)
St. Anthony8633.3%$250,000$304,950-18%
Richfield544035%$240,000$221,1708.5%
Brooklyn Park8197-16.5%$227,900$216,5005.3%
Hopkins1422-36.4%$225,950$207,5008.9%
Greenfield23-33.3%$222,325$614,430-63.8%
Mound22220%$222,150$257,000-13.6%
Minneapolis3383254%$218,750$215,0001.7%
New Hope1721-19%$217,000$192,00013%
Crystal2930-3.3%$200,000$180,00011.1%
Robbinsdale282321.7%$197,500$177,00011.6%
Brooklyn Center41410%$185,000$157,00017.8%

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