In August 2019, there were eight homes sold, with a median sale price of $376,000 - a 22% decrease over the $482,000 median sale price for the same period of the previous year. There were three homes sold in Long Lake in August 2018.
The median sales tax in Long Lake for the most recent year with available data, 2015, was $3,035, approximately 0.8% of the median home sale price for August 2019.
The following table compares Long Lake to other Hennepin County cities with similar median sales prices in August 2019:
| City | Aug. 2019 Home Sales | Aug. 2018 Home Sales | % change (Total Home Sales) | Aug. 2019 Median Sales Price | Aug. 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Minnetrista | 24 | 32 | -25% | $414,995 | $439,000 | -5.5% |
| Plymouth | 128 | 118 | 8.5% | $402,500 | $347,450 | 15.8% |
| St. Anthony | 6 | 16 | -62.5% | $402,000 | $332,500 | 20.9% |
| Corcoran | 9 | 10 | -10% | $400,000 | $431,250 | -7.2% |
| Eden Prairie | 105 | 106 | -0.9% | $385,000 | $382,850 | 0.6% |
| Long Lake | 8 | 3 | 166.7% | $376,000 | $482,000 | -22% |
| Golden Valley | 38 | 37 | 2.7% | $366,250 | $310,000 | 18.1% |
| Minnetonka | 93 | 87 | 6.9% | $340,000 | $390,000 | -12.8% |
| Rogers | 29 | 28 | 3.6% | $332,500 | $342,850 | -3% |
| Maple Plain | 2 | 0 | - | $332,000 | $0 | - |
| St. Louis Park | 68 | 105 | -35.2% | $325,000 | $300,000 | 8.3% |
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