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Minnesota State Wire

Thursday, September 11, 2025

Excelsior home prices rise in August 2019

Webp re 3

The median sale price of a home sold in August 2019 in Excelsior rose by $395,500 while total sales increased by 50%, according to BlockShopper.com.

In August 2019, there were three homes sold, with a median sale price of $805,500 - a 96.5% increase over the $410,000 median sale price for the same period of the previous year. There were two homes sold in Excelsior in August 2018.

The median sales tax in Excelsior for the most recent year with available data, 2015, was $5,453, approximately 0.7% of the median home sale price for August 2019.

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

CityAug. 2019 Home SalesAug. 2018 Home Sales% change (Total Home Sales)Aug. 2019 Median Sales PriceAug. 2018 Median Sales Price% change (Median Sales Price)
Greenwood13-66.7%$1,625,000$2,100,000-22.6%
Minnetonka Beach15-80%$1,610,000$1,700,000-5.3%
Woodland20-$1,137,500$0-
Tonka Bay5425%$973,000$1,117,988.50-13%
Spring Park12-50%$950,000$318,750198%
Excelsior3250%$805,500$410,00096.5%
Orono2531-19.4%$660,000$590,00011.9%
Deephaven1112-8.3%$630,000$680,750-7.5%
Medina14140%$610,520$584,2504.5%
Independence67-14.3%$586,500$520,00012.8%
Edina998713.8%$585,000$527,50010.9%

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