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Minnesota State Wire

Sunday, September 14, 2025

Bloomington home prices rise in February 2020

Webp re 3

The median sale price of a home sold in February 2020 in Bloomington rose by $21,000 while total sales decreased by 44%, according to BlockShopper.com.

In February 2020, there were 28 homes sold, with a median sale price of $291,000 - a 7.8% increase over the $270,000 median sale price for the same period of the previous year. There were 50 homes sold in Bloomington in February 2019.

The median sales tax in Bloomington for the most recent year with available data, 2015, was $2,927, approximately 1% of the median home sale price for February 2020.

The following table compares Bloomington to other Hennepin County cities with similar median sales prices in February 2020:

CityFeb. 2020 Home SalesFeb. 2019 Home Sales% change (Total Home Sales)Feb. 2020 Median Sales PriceFeb. 2019 Median Sales Price% change (Median Sales Price)
Corcoran34-25%$350,000$383,000-8.6%
Golden Valley1519-21.1%$340,000$361,000-5.8%
Hopkins910-10%$326,000$278,00017.3%
Maple Grove4753-11.3%$315,000$340,000-7.4%
St. Louis Park2553-52.8%$300,000$308,000-2.6%
Bloomington2850-44%$291,000$270,0007.8%
Minneapolis181296-38.9%$280,000$250,00012%
Richfield1025-60%$272,400$260,0004.8%
Champlin714-50%$272,000$260,0004.6%
Robbinsdale1215-20%$268,500$284,000-5.5%
Rogers312-75%$267,800$325,000-17.6%

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