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Minnesota State Wire

Thursday, November 7, 2024

Champlin home prices rise in the first half of 2020

Realestate5

The median sale price of a home sold in the first half of 2020 in Champlin rose by $13,300 while total sales decreased by 28.2%, according to BlockShopper.com.

From January through June of 2020, there were 122 homes sold, with a median sale price of $280,000 - a 5% increase over the $266,700 median sale price for the same period of the previous year. There were 170 homes sold in Champlin in the first half of 2019.

The median sales tax in Champlin for the most recent year with available data, 2019, was $3,209, approximately 1.1% of the median home sale price for the first half of 2020.

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

CityJan. - June 2020 Home SalesJan. - June 2019 Home Sales% change (Total Home Sales)Jan. - June 2020 Median Sales PriceJan. - June 2019 Median Sales Price% change (Median Sales Price)
Hopkins6492-30.4%$325,000$291,00011.7%
Long Lake141127.3%$310,500$325,200-4.5%
Dayton272317.4%$305,000$282,0008.2%
Bloomington316561-43.7%$303,000$283,5006.9%
Minneapolis1,8812,648-29%$291,500$274,0006.4%
Champlin122170-28.2%$280,000$266,7005%
Richfield180235-23.4%$279,950$265,0005.6%
Loretto23-33.3%$277,450$231,00020.1%
Mound77100-23%$275,000$271,4501.3%
New Hope94128-26.6%$274,500$257,5006.6%
Osseo10100%$268,775$230,95016.4%

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