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Minnesota State Wire

Wednesday, November 6, 2024

St. Louis Park home prices fell in August 2021

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The median sale price of a home sold in August 2021 in St. Louis Park fell by $29,850 while total sales decreased by 39%, according to BlockShopper.com.

In August 2021, there were 25 homes sold, with a median sale price of $346,000 - a 7.9% decrease over the $375,850 median sale price for the same period of the previous year. There were 41 homes sold in St. Louis Park in August 2020.

The median sales tax in St. Louis Park for the most recent year with available data, 2019, was $3,996, approximately 1.2% of the median home sale price for August 2021.

The following table compares St. Louis Park 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)
Maple Grove3580-56.3%$372,558$403,600-7.7%
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%

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