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Minnesota State Wire

Wednesday, November 6, 2024

Champlin median home prices rose by 12.1% in August 2021

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The median sale price of a home sold in August 2021 in Champlin rose by $37,250 while total sales decreased by 10%, according to BlockShopper.com.

In August 2021, there were 18 homes sold, with a median sale price of $344,250 - a 12.1% increase over the $307,000 median sale price for the same period of the previous year. There were 20 homes sold in Champlin in August 2020.

The median sales tax in Champlin for the most recent year with available data, 2019, was $3,209, approximately 0.9% of the median home sale price for August 2021.

The following table compares Champlin to other Hennepin County cities with similar median sale prices in August 2021:

CityAug. 2021 Home SalesAug. 2020 Home Sales% change (Total Home Sales)Aug. 2021 Median Sales PriceAug. 2020 Median Sales Price% change (Median Sales Price)
Mound617-64.7%$370,000$320,00015.6%
St. Anthony24-50%$365,000$414,825-12%
Hanover110%$364,900$385,000-5.2%
Bloomington2572-65.3%$360,000$331,0008.8%
St. Louis Park2541-39%$346,000$375,850-7.9%
Champlin1820-10%$344,250$307,00012.1%
Minneapolis170350-51.4%$327,500$325,0000.8%
New Hope812-33.3%$320,000$308,0003.9%
Excelsior220%$312,500$632,250-50.6%
Brooklyn Park3466-48.5%$312,500$284,00010%
Richfield1527-44.4%$310,000$302,9002.3%

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