In September 2017, there were 13 homes sold, with a median sale price of $580,000 - a 22.4% decrease over the $747,300 median sale price for the same period of the previous year. There were 18 homes sold in Orono in September 2016.
The median sales tax in Orono for the most recent year with available data, 2015, was $5,930, approximately 1% of the median home sale price for September 2017.
The following table compares Orono to other Hennepin County cities with similar median sales prices in September 2017:
| City | Sept. 2017 Home Sales | Sept. 2016 Home Sales | % change (Total Home Sales) | Sept. 2017 Median Sales Price | Sept. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Woodland | 2 | 2 | 0% | $3,500,000 | $1,816,250 | 92.7% |
| Independence | 2 | 3 | -33.3% | $1,129,500 | $657,900 | 71.7% |
| Medina | 10 | 10 | 0% | $700,000 | $446,704 | 56.7% |
| Wayzata | 8 | 7 | 14.3% | $591,000 | $560,000 | 5.5% |
| Orono | 13 | 18 | -27.8% | $580,000 | $747,300 | -22.4% |
| Shorewood | 6 | 9 | -33.3% | $577,500 | $350,000 | 65% |
| Spring Park | 4 | 3 | 33.3% | $510,950 | $215,000 | 137.7% |
| Edina | 53 | 54 | -1.9% | $490,000 | $496,000 | -1.2% |
| Deephaven | 10 | 8 | 25% | $468,135 | $433,500 | 8% |
| Tonka Bay | 5 | 2 | 150% | $440,000 | $755,000 | -41.7% |
| Corcoran | 5 | 5 | 0% | $395,000 | $269,900 | 46.4% |
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