In September 2018, there were 489 homes sold, with a median sale price of $248,700 - a 5.8% increase over the $235,000 median sale price for the same period of the previous year. There were 409 homes sold in Minneapolis in September 2017.
The median sales tax in Minneapolis for the most recent year with available data, 2015, was $2,968, approximately 1.2% of the median home sale price for September 2018.
The following table compares Minneapolis to other Hennepin County cities with similar median sales prices in September 2018:
| City | Sept. 2018 Home Sales | Sept. 2017 Home Sales | % change (Total Home Sales) | Sept. 2018 Median Sales Price | Sept. 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Hopkins | 21 | 13 | 61.5% | $278,000 | $244,950 | 13.5% |
| Bloomington | 123 | 81 | 51.9% | $272,500 | $260,000 | 4.8% |
| Champlin | 31 | 24 | 29.2% | $262,000 | $259,100 | 1.1% |
| Mound | 13 | 22 | -40.9% | $256,250 | $215,000 | 19.2% |
| Richfield | 49 | 50 | -2% | $250,000 | $237,200 | 5.4% |
| Minneapolis | 489 | 409 | 19.6% | $248,700 | $235,000 | 5.8% |
| Loretto | 2 | 2 | 0% | $247,450 | $383,000 | -35.4% |
| Brooklyn Park | 117 | 113 | 3.5% | $240,000 | $237,000 | 1.3% |
| Robbinsdale | 27 | 21 | 28.6% | $236,000 | $215,000 | 9.8% |
| Crystal | 49 | 37 | 32.4% | $220,000 | $184,872 | 19% |
| Greenfield | 9 | 3 | 200% | $212,900 | $235,000 | -9.4% |
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