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Minnesota State Wire

Wednesday, November 6, 2024

Bloomington home prices rise in September 2019

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The median sale price of a home sold in September 2019 in Bloomington rose by $3,625 while total sales decreased by 25.2%, according to BlockShopper.com.

In September 2019, there were 92 homes sold, with a median sale price of $276,125 - a 1.3% increase over the $272,500 median sale price for the same period of the previous year. There were 123 homes sold in Bloomington in September 2018.

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 September 2019.

The following table compares Bloomington to other Hennepin County cities with similar median sales prices in September 2019:

CitySept. 2019 Home SalesSept. 2018 Home Sales% change (Total Home Sales)Sept. 2019 Median Sales PriceSept. 2018 Median Sales Price% change (Median Sales Price)
St. Anthony510-50%$300,000$328,900.50-8.8%
Loretto12-50%$292,000$247,45018%
Minneapolis394489-19.4%$282,250$248,70013.5%
Champlin2731-12.9%$280,000$262,0006.9%
Richfield3949-20.4%$280,000$250,00012%
Bloomington92123-25.2%$276,125$272,5001.3%
Mound181338.5%$270,000$256,2505.4%
Maple Plain20-$263,317.50$0-
Brooklyn Park82117-29.9%$260,000$240,0008.3%
New Hope1719-10.5%$259,900$205,00026.8%
Hopkins1821-14.3%$255,000$278,000-8.3%

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