In May 2017, there were two homes sold, with a median sale price of $178,000 - a 21.2% increase over the $146,850 median sale price for the same period of the previous year. There were two homes sold in Long Lake in May 2016, as well.
The median sales tax in Long Lake for the most recent year with available data, 2015, was $3,035, approximately 1.7% of the median home sale price for May 2017.
The following table compares Long Lake to other Hennepin County cities with similar median sales prices in May 2017:
| City | May 2017 Home Sales | May 2016 Home Sales | % change (Total Home Sales) | May 2017 Median Sales Price | May 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Dayton | 3 | 5 | -40% | $239,900 | $310,000 | -22.6% |
| Minneapolis | 568 | 587 | -3.2% | $238,500 | $225,000 | 6% |
| New Hope | 30 | 35 | -14.3% | $233,700 | $240,000 | -2.6% |
| Loretto | 3 | 4 | -25% | $229,900 | $245,000 | -6.2% |
| Brooklyn Park | 116 | 145 | -20% | $226,250 | $222,000 | 1.9% |
| Osseo | 3 | 5 | -40% | $199,900 | $210,000 | -4.8% |
| Crystal | 54 | 64 | -15.6% | $199,500 | $173,500 | 15% |
| Tonka Bay | 1 | 3 | -66.7% | $199,000 | $1,000,000 | -80.1% |
| Robbinsdale | 34 | 29 | 17.2% | $197,500 | $179,900 | 9.8% |
| Brooklyn Center | 36 | 52 | -30.8% | $189,000 | $155,687.50 | 21.4% |
| Long Lake | 2 | 2 | 0% | $178,000 | $146,850 | 21.2% |
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