In June 2017, there were 20 homes sold, with a median sale price of $476,600 - a 9.6% decrease over the $527,500 median sale price for the same period of the previous year. There were 28 homes sold in Orono in June 2016.
The median sales tax in Orono for the most recent year with available data, 2015, was $5,930, approximately 1.2% of the median home sale price for June 2017.
The following table compares Orono to other Hennepin County cities with similar median sales prices in June 2017:
| City | June 2017 Home Sales | June 2016 Home Sales | % change (Total Home Sales) | June 2017 Median Sales Price | June 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Tonka Bay | 6 | 3 | 100% | $1,023,196.50 | $490,000 | 108.8% |
| Deephaven | 9 | 17 | -47.1% | $962,400 | $545,000 | 76.6% |
| Edina | 93 | 109 | -14.7% | $555,000 | $515,000 | 7.8% |
| Medina | 19 | 11 | 72.7% | $538,000 | $718,200 | -25.1% |
| Wayzata | 6 | 11 | -45.5% | $517,750 | $725,000 | -28.6% |
| Orono | 20 | 28 | -28.6% | $476,600 | $527,500 | -9.6% |
| Shorewood | 22 | 19 | 15.8% | $431,450 | $435,000 | -0.8% |
| Hanover | 4 | 2 | 100% | $418,000 | $199,950 | 109.1% |
| Medicine Lake | 1 | 0 | - | $406,000 | $0 | - |
| Independence | 8 | 10 | -20% | $400,900 | $516,276 | -22.3% |
| Minnetrista | 33 | 24 | 37.5% | $384,690 | $372,450 | 3.3% |
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