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Minnesota State Wire

Thursday, September 11, 2025

Bloomington home prices rise in October 2017

Re 12

The median sale price of a home sold in October 2017 in Bloomington rose by $25,000 while total sales increased by 30.8%, according to BlockShopper.com.

In October 2017, there were 85 homes sold, with a median sale price of $255,000 - a 10.9% increase over the $230,000 median sale price for the same period of the previous year. There were 65 homes sold in Bloomington in October 2016.

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 October 2017.

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

CityOct. 2017 Home SalesOct. 2016 Home Sales% change (Total Home Sales)Oct. 2017 Median Sales PriceOct. 2016 Median Sales Price% change (Median Sales Price)
Long Lake3250%$267,000$213,50025.1%
St. Louis Park554327.9%$265,000$245,0008.2%
Dayton410-60%$262,050$366,727.50-28.5%
Maple Grove87834.8%$261,363$269,900-3.2%
Osseo21100%$261,250$180,00045.1%
Bloomington856530.8%$255,000$230,00010.9%
Champlin211723.5%$247,000$232,0006.5%
New Hope271668.8%$235,500$212,45010.8%
Mound2228-21.4%$235,000$227,5003.3%
Richfield4447-6.4%$235,000$228,0003.1%
Minneapolis4123993.3%$226,575$219,9003%