In April 2020, there were seven homes sold, with a median sale price of $650,000. There were 23 homes sold in Orono in April 2019, and the median sales price for the period was also $650,000.
The median sales tax in Orono for the most recent year with available data, 2019, was $7,233, approximately 1.1% of the median home sale price for April 2020.
The following table compares Orono to other Hennepin County cities with similar median sales prices in April 2020:
| City | Apr. 2020 Home Sales | Apr. 2019 Home Sales | % change (Total Home Sales) | Apr. 2020 Median Sales Price | Apr. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Greenwood | 2 | 1 | 100% | $872,500 | $1,175,000 | -25.7% |
| Deephaven | 2 | 11 | -81.8% | $812,000 | $512,250 | 58.5% |
| Orono | 7 | 23 | -69.6% | $650,000 | $650,000 | 0% |
| Independence | 2 | 3 | -33.3% | $622,450 | $499,000 | 24.7% |
| Medina | 6 | 5 | 20% | $547,500 | $638,829 | -14.3% |
| Excelsior | 3 | 5 | -40% | $538,750 | $430,000 | 25.3% |
| Edina | 35 | 64 | -45.3% | $525,000 | $485,000 | 8.2% |
| Spring Park | 2 | 0 | - | $512,000 | $0 | - |
| Minnetrista | 10 | 13 | -23.1% | $506,380 | $371,134 | 36.4% |
| Greenfield | 1 | 7 | -85.7% | $450,000 | $420,000 | 7.1% |
| Corcoran | 3 | 2 | 50% | $445,000 | $482,500 | -7.8% |
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