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Minnesota State Wire

Friday, November 22, 2024

Deephaven home prices rise in April 2020

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The median sale price of a home sold in April 2020 in Deephaven rose by $299,750 while total sales decreased by 81.8%, according to BlockShopper.com.

In April 2020, there were two homes sold, with a median sale price of $812,000 - a 58.5% increase over the $512,250 median sale price for the same period of the previous year. There were 11 homes sold in Deephaven in April 2019.

The median sales tax in Deephaven for the most recent year with available data, 2019, was $7,392, approximately 0.9% of the median home sale price for April 2020.

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

CityApr. 2020 Home SalesApr. 2019 Home Sales% change (Total Home Sales)Apr. 2020 Median Sales PriceApr. 2019 Median Sales Price% change (Median Sales Price)
Greenwood21100%$872,500$1,175,000-25.7%
Deephaven211-81.8%$812,000$512,25058.5%
Orono723-69.6%$650,000$650,0000%
Independence23-33.3%$622,450$499,00024.7%
Medina6520%$547,500$638,829-14.3%
Excelsior35-40%$538,750$430,00025.3%
Edina3564-45.3%$525,000$485,0008.2%
Spring Park20-$512,000$0-
Minnetrista1013-23.1%$506,380$371,13436.4%
Greenfield17-85.7%$450,000$420,0007.1%
Corcoran3250%$445,000$482,500-7.8%

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