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Minnesota State Wire

Thursday, November 7, 2024

2020: Golden Valley experienced a 8% increase in median home prices

Realestate1

The median sale price of a home sold in 2020 in Golden Valley rose by $27,500 while total sales decreased by 43.5%, according to BlockShopper.com.

From January through December of 2020, there were 212 homes sold, with a median sale price of $370,000 - a 8% increase over the $342,500 median sale price for the previous year. There were 375 homes sold in Golden Valley in 2019.

The median sales tax in Golden Valley for the most recent year with available data, 2019, was $4,869, approximately 1.3% of the median home sale price for 2020.

The following table compares Golden Valley 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)
Eden Prairie452877-48.5%$415,000$393,5005.5%
Greenfield3046-34.8%$410,625$360,00014.1%
Hanover815-46.7%$380,000$310,00022.6%
Plymouth7121,090-34.7%$379,250$375,0001.1%
Corcoran5275-30.7%$376,000$372,5000.9%
Golden Valley212375-43.5%$370,000$342,5008%
Maple Grove7601,046-27.3%$345,050$325,0006.2%
St. Anthony4459-25.4%$345,000$338,0002.1%
St. Louis Park497729-31.8%$342,500$320,0007%
Rogers110179-38.5%$339,950$325,0004.6%
Hopkins109198-44.9%$325,000$286,50013.4%

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