From October through December of 2017, there were 220 homes sold, with a median sale price of $259,950 - a 13.8% increase over the $228,500 median sale price for the same period of the previous year. There were 210 homes sold in Bloomington in the fourth quarter of 2016.
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 fourth quarter of 2017.
The following table compares Bloomington to other Hennepin County cities with similar median sales prices in the fourth quarter of 2017:
| City | Oct. - Dec. 2017 Home Sales | Oct. - Dec. 2016 Home Sales | % change (Total Home Sales) | Oct. - Dec. 2017 Median Sales Price | Oct. - Dec. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| St. Anthony | 18 | 22 | -18.2% | $285,250 | $259,950 | 9.7% |
| Long Lake | 7 | 8 | -12.5% | $285,000 | $223,500 | 27.5% |
| Maple Plain | 5 | 9 | -44.4% | $284,900 | $246,000 | 15.8% |
| Maple Grove | 232 | 206 | 12.6% | $269,200 | $268,450 | 0.3% |
| St. Louis Park | 152 | 128 | 18.8% | $266,000 | $245,000 | 8.6% |
| Bloomington | 220 | 210 | 4.8% | $259,950 | $228,500 | 13.8% |
| Champlin | 66 | 64 | 3.1% | $251,800 | $225,500 | 11.7% |
| Hopkins | 51 | 50 | 2% | $240,000 | $245,825 | -2.4% |
| Mound | 68 | 66 | 3% | $238,950 | $227,500 | 5% |
| Richfield | 135 | 121 | 11.6% | $235,000 | $226,000 | 4% |
| Brooklyn Park | 286 | 277 | 3.2% | $227,450 | $213,500 | 6.5% |
Alerts Sign-up