In September 2020, there were three homes sold, with a median sale price of $685,000 - a 6% increase over the $646,450 median sale price for the same period of the previous year. There were six homes sold in Spring Park in September 2019.
The median sales tax in Spring Park for the most recent year with available data, 2019, was $5,442, approximately 0.8% of the median home sale price for September 2020.
The following table compares Spring Park to other Hennepin County cities with similar median sales prices in September 2020:
| City | Sept. 2020 Home Sales | Sept. 2019 Home Sales | % change (Total Home Sales) | Sept. 2020 Median Sales Price | Sept. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Osseo | 1 | 0 | - | $4,080,000 | $0 | - |
| Tonka Bay | 2 | 1 | 100% | $2,257,000 | $352,000 | 541.2% |
| Greenwood | 1 | 1 | 0% | $1,590,000 | $1,070,000 | 48.6% |
| Wayzata | 1 | 5 | -80% | $700,000 | $1,300,000 | -46.2% |
| Spring Park | 3 | 6 | -50% | $685,000 | $646,450 | 6% |
| Edina | 29 | 51 | -43.1% | $665,000 | $558,000 | 19.2% |
| Orono | 8 | 15 | -46.7% | $660,500 | $892,000 | -26% |
| Minnetrista | 11 | 13 | -15.4% | $635,000 | $430,000 | 47.7% |
| Medina | 2 | 9 | -77.8% | $614,625 | $615,265 | -0.1% |
| Long Lake | 1 | 1 | 0% | $525,000 | $192,500 | 172.7% |
| Eden Prairie | 28 | 74 | -62.2% | $444,275 | $378,500 | 17.4% |
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