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Minnesota State Wire

Friday, September 12, 2025

Greenfield home prices fall in the first quarter of 2018

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The median sale price of a home sold in the first quarter of 2018 in Greenfield fell by $39,500 while total sales decreased by 33.3%, according to BlockShopper.com.

From January through March of 2018, there were four homes sold, with a median sale price of $275,500 - a 12.5% decrease over the $315,000 median sale price for the same period of the previous year. There were six homes sold in Greenfield in the first quarter of 2017.

The median sales tax in Greenfield for the most recent year with available data, 2015, was $4,037, approximately 1.5% of the median home sale price for the first quarter of 2018.

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

CityJan. - Mar. 2018 Home SalesJan. - Mar. 2017 Home Sales% change (Total Home Sales)Jan. - Mar. 2018 Median Sales PriceJan. - Mar. 2017 Median Sales Price% change (Median Sales Price)
Rogers2433-27.3%$327,500$292,90011.8%
Golden Valley755927.1%$306,500$290,0005.7%
Maple Grove1801762.3%$293,000$266,25010%
St. Louis Park13811421.1%$290,950$254,00014.5%
Hopkins2850-44%$285,000$241,62518%
Greenfield46-33.3%$275,500$315,000-12.5%
Long Lake63100%$273,500$280,000-2.3%
Loretto51400%$253,000$290,000-12.8%
Bloomington1871841.6%$250,000$240,0004.2%
Champlin5466-18.2%$249,500$225,50010.6%
Mound3241-22%$248,000$201,95022.8%

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