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Minnesota State Wire

Monday, September 15, 2025

Greenwood home prices fall in the first half of 2020

Webp re 11

The median sale price of a home sold in the first half of 2020 in Greenwood fell by $555,000 while total sales decreased by 50%, according to BlockShopper.com.

From January through June of 2020, there were three homes sold, with a median sale price of $375,000 - a 59.7% decrease over the $930,000 median sale price for the same period of the previous year. There were six homes sold in Greenwood in the first half of 2019.

The median sales tax in Greenwood for the most recent year with available data, 2019, was $10,978, approximately 2.9% of the median home sale price for the first half of 2020.

The following table compares Greenwood 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)
Minnetonka265398-33.4%$425,000$382,50011.1%
Greenfield21210%$397,500$417,500-4.8%
Hanover58-37.5%$397,000$384,9503.1%
Eden Prairie238451-47.2%$394,937.50$410,500-3.8%
Corcoran3335-5.7%$375,000$412,900-9.2%
Greenwood36-50%$375,000$930,000-59.7%
Plymouth388503-22.9%$369,300$364,0001.5%
Golden Valley133183-27.3%$364,000$342,0006.4%
St. Anthony2033-39.4%$337,500$330,0002.3%
St. Louis Park283386-26.7%$334,500$320,0004.5%
Maple Grove442484-8.7%$332,850$315,0005.7%