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Minnesota State Wire

Wednesday, November 6, 2024

Pricing for the median home in Bloomington increased during September 2021

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The median sale price of a home sold in September 2021 in Bloomington rose by $37,500 while total sales increased by 1.9%, according to BlockShopper.com.

In September 2021, there were 55 homes sold, with a median sale price of $365,000 - a 11.5% increase over the $327,500 median sale price for the same period of the previous year. There were 54 homes sold in Bloomington in September 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 September 2021.

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

CitySept. 2021 Home SalesSept. 2020 Home Sales% change (Total Home Sales)Sept. 2021 Median Sales PriceSept. 2020 Median Sales Price% change (Median Sales Price)
Rogers914-35.7%$425,000$345,45023%
St. Anthony6450%$402,500$325,00023.8%
Tonka Bay13-66.7%$400,000$1,749,000-77.1%
Maple Grove5152-1.9%$380,000$343,50010.6%
Golden Valley2211100%$368,550$363,0001.5%
Bloomington55541.9%$365,000$327,50011.5%
Loretto20-$360,000$0-
Hopkins712-41.7%$345,000$343,0000.6%
Mound990%$339,000$395,000-14.2%
St. Louis Park2636-27.8%$330,750$343,425-3.7%
Champlin1824-25%$330,000$284,50016%

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