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Minnesota State Wire

Saturday, September 13, 2025

Greenfield home prices fall in the first quarter of 2020

Webp realestate077

The median sale price of a home sold in the first quarter of 2020 in Greenfield fell by $105,050 while total sales increased by 33.3%, according to BlockShopper.com.

From January through March of 2020, there were eight homes sold, with a median sale price of $292,450 - a 26.4% decrease over the $397,500 median sale price for the same period of the previous year. There were six homes sold in Greenfield in the first quarter of 2019.

The median sales tax in Greenfield for the most recent year with available data, 2019, was $5,281, approximately 1.8% of the median home sale price for the first quarter of 2020.

The following table compares Greenfield to other Hennepin County cities with similar median sales prices in the first quarter of 2020:

CityJan. - Mar. 2020 Home SalesJan. - Mar. 2019 Home Sales% change (Total Home Sales)Jan. - Mar. 2020 Median Sales PriceJan. - Mar. 2019 Median Sales Price% change (Median Sales Price)
Maple Grove18815620.5%$325,000$303,7507%
Bloomington138172-19.8%$311,000$272,25014.2%
St. Louis Park123145-15.2%$310,000$308,0000.6%
Dayton9650%$305,000$395,625-22.9%
Hopkins32313.2%$294,500$305,000-3.4%
Greenfield8633.3%$292,450$397,500-26.4%
Long Lake7616.7%$292,000$332,600-12.2%
Minneapolis814995-18.2%$278,100$257,5008%
Richfield7276-5.3%$276,150$248,75011%
Champlin56519.8%$268,950$260,0003.4%
Mound3437-8.1%$268,900$254,8995.5%

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