In May 2021, there were 24 homes sold, with a median sale price of $343,000 - a 18.3% increase over the $289,900 median sale price for the same period of the previous year. There were 51 homes sold in Bloomington in May 2020.
The median sales tax in Bloomington for the most recent year with available data, 2019, was $3,580, approximately 1% of the median home sale price for May 2021.
The following table compares Bloomington to other Hennepin County cities with similar median sale prices in May 2021:
| City | May 2021 Home Sales | May 2020 Home Sales | % change (Total Home Sales) | May 2021 Median Sales Price | May 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Minnetonka | 9 | 38 | -76.3% | $408,500 | $430,000 | -5% |
| Orono | 6 | 8 | -25% | $388,925 | $725,000 | -46.4% |
| Maple Grove | 19 | 76 | -75% | $383,000 | $330,000 | 16.1% |
| Maple Plain | 2 | 0 | - | $363,750 | $0 | - |
| Richfield | 14 | 41 | -65.9% | $352,000 | $275,000 | 28% |
| Bloomington | 24 | 51 | -52.9% | $343,000 | $289,900 | 18.3% |
| New Hope | 7 | 14 | -50% | $340,000 | $294,000 | 15.6% |
| Minneapolis | 137 | 344 | -60.2% | $340,000 | $300,250 | 13.2% |
| Loretto | 1 | 0 | - | $330,000 | $0 | - |
| Champlin | 7 | 19 | -63.2% | $324,500 | $291,500 | 11.3% |
| Brooklyn Park | 19 | 81 | -76.5% | $320,000 | $270,000 | 18.5% |
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