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Minnesota State Wire

Friday, September 12, 2025

Bloomington home prices rise in the second quarter of 2018

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The median sale price of a home sold in the second quarter of 2018 in Bloomington rose by $15,550 while total sales decreased by 20.4%, according to BlockShopper.com.

From April through June of 2018, there were 304 homes sold, with a median sale price of $275,000 - a 6% increase over the $259,450 median sale price for the same period of the previous year. There were 382 homes sold in Bloomington in the second quarter of 2017.

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 the second quarter of 2018.

The following table compares Bloomington to other Hennepin County cities with similar median sales prices in the second quarter of 2018:

CityApr. - June 2018 Home SalesApr. - June 2017 Home Sales% change (Total Home Sales)Apr. - June 2018 Median Sales PriceApr. - June 2017 Median Sales Price% change (Median Sales Price)
St. Anthony2328-17.9%$315,818$293,327.507.7%
St. Louis Park240246-2.4%$310,500$276,60012.3%
Long Lake912-25%$305,000$275,00010.9%
Maple Grove324376-13.8%$304,000$290,0004.8%
Hopkins4266-36.4%$295,575$269,9509.5%
Bloomington304382-20.4%$275,000$259,4506%
Minneapolis1,5401,659-7.2%$265,000$245,0008.2%
Champlin90900%$260,255$245,5006%
Loretto16-83.3%$258,900$234,95010.2%
Richfield133177-24.9%$257,500$239,0007.7%
Mound6176-19.7%$251,500$268,750-6.4%

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