From July through December of 2020, there were five homes sold, with a median sale price of $314,900 - a 12.5% decrease over the $360,000 median sale price for the same period of the previous year. There were 21 homes sold in Long Lake in the second half of 2019.
The median sales tax in Long Lake for the most recent year with available data, 2019, was $3,529, approximately 1.1% of the median home sale price for the second half of 2020.
The following table compares Long Lake to other Hennepin County cities with similar median sale prices in the second half of 2020:
| City | July - Dec. 2020 Home Sales | July - Dec. 2019 Home Sales | % change (Total Home Sales) | July - Dec. 2020 Median Sales Price | July - Dec. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| St. Anthony | 21 | 26 | -19.2% | $325,000 | $349,000 | -6.9% |
| Hopkins | 44 | 106 | -58.5% | $323,000 | $280,000 | 15.4% |
| Mound | 64 | 115 | -44.3% | $319,900 | $251,000 | 27.5% |
| Minneapolis | 1,487 | 2,580 | -42.4% | $315,000 | $281,000 | 12.1% |
| Bloomington | 277 | 610 | -54.6% | $315,000 | $290,500 | 8.4% |
| Long Lake | 5 | 21 | -76.2% | $314,900 | $360,000 | -12.5% |
| Dayton | 21 | 38 | -44.7% | $310,000 | $367,450 | -15.6% |
| Maple Plain | 11 | 14 | -21.4% | $308,000 | $280,000 | 10% |
| Richfield | 133 | 305 | -56.4% | $300,000 | $270,000 | 11.1% |
| New Hope | 65 | 148 | -56.1% | $300,000 | $262,200 | 14.4% |
| Brooklyn Park | 309 | 537 | -42.5% | $292,000 | $258,000 | 13.2% |
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