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Minnesota State Wire

Thursday, September 11, 2025

Spring Park home prices fall in the first half of 2018

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The median sale price of a home sold in the first half of 2018 in Spring Park fell by $381,775 while total sales decreased by 50%, according to BlockShopper.com.

From January through June of 2018, there were three homes sold, with a median sale price of $172,500 - a 68.9% decrease over the $554,275 median sale price for the same period of the previous year. There were six homes sold in Spring Park in the first half of 2017.

The median sales tax in Spring Park for the most recent year with available data, 2015, was $4,534, approximately 2.6% of the median home sale price for the first half of 2018.

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

CityJan. - June 2018 Home SalesJan. - June 2017 Home Sales% change (Total Home Sales)Jan. - June 2018 Median Sales PriceJan. - June 2017 Median Sales Price% change (Median Sales Price)
Champlin144156-7.7%$255,000$235,0008.5%
Mound93117-20.5%$251,000$247,0001.6%
Maple Plain13862.5%$247,500$248,750-0.5%
Richfield230287-19.9%$245,500$235,0004.5%
Brooklyn Park542579-6.4%$239,900$221,6958.2%
New Hope136141-3.5%$237,000$225,0005.3%
Crystal194255-23.9%$217,000$194,00011.9%
Osseo1014-28.6%$216,750$207,5004.5%
Robbinsdale1511472.7%$215,000$201,0007%
Brooklyn Center212248-14.5%$206,000$178,95015.1%
Spring Park36-50%$172,500$554,275-68.9%

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