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Minnesota State Wire

Thursday, November 7, 2024

Brooklyn Park median home prices rose by 6.8% in 2020

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The median sale price of a home sold in 2020 in Brooklyn Park rose by $17,500 while total sales decreased by 33.3%, according to BlockShopper.com.

From January through December of 2020, there were 746 homes sold, with a median sale price of $275,250 - a 6.8% increase over the $257,750 median sale price for the previous year. There were 1,119 homes sold in Brooklyn Park in 2019.

The median sales tax in Brooklyn Park for the most recent year with available data, 2019, was $3,372, approximately 1.2% of the median home sale price for 2020.

The following table compares Brooklyn Park to other Hennepin County cities with similar median sale prices in 2020:

CityJan. - Dec. 2020 Home SalesJan. - Dec. 2019 Home Sales% change (Total Home Sales)Jan. - Dec. 2020 Median Sales PriceJan. - Dec. 2019 Median Sales Price% change (Median Sales Price)
Mound144215-33%$292,450$263,90010.8%
Richfield326540-39.6%$286,875$268,0007%
Champlin217372-41.7%$286,000$270,0005.9%
New Hope169276-38.8%$285,000$259,9009.7%
Loretto217-88.2%$277,450$250,00011%
Maple Plain1622-27.3%$276,200$270,0002.3%
Brooklyn Park7461,119-33.3%$275,250$257,7506.8%
Robbinsdale200310-35.5%$261,000$237,00010.1%
Osseo1929-34.5%$260,666$230,00013.3%
Crystal256440-41.8%$250,000$232,2507.6%
Brooklyn Center308468-34.2%$230,000$215,0007%

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