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Minnesota State Wire

Wednesday, November 6, 2024

Rising home prices in Maple Grove in the third quarter of 2021

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The median sale price of a home sold in the third quarter of 2021 in Maple Grove rose by $19,000 while total sales decreased by 7%, according to BlockShopper.com.

From July through September of 2021, there were 211 homes sold, with a median sale price of $389,000 - a 5.1% increase over the $370,000 median sale price for the same period of the previous year. There were 227 homes sold in Maple Grove in the third quarter of 2020.

The median sales tax in Maple Grove for the most recent year with available data, 2019, was $3,926, approximately 1% of the median home sale price for the third quarter of 2021.

The following table compares Maple Grove to other Hennepin County cities with similar median sale prices in the third quarter of 2021:

CityJuly - Sept. 2021 Home SalesJuly - Sept. 2020 Home Sales% change (Total Home Sales)July - Sept. 2021 Median Sales PriceJuly - Sept. 2020 Median Sales Price% change (Median Sales Price)
Mound45450%$405,000$319,90026.6%
St. Anthony1617-5.9%$402,500$330,00022%
Golden Valley634734%$400,000$373,3007.2%
Excelsior5425%$400,000$777,500-48.6%
Maple Plain36-50%$399,900$321,50024.4%
Maple Grove211227-7%$389,000$370,0005.1%
Loretto50-$365,000$0-
Hanover12-50%$364,900$380,000-4%
St. Louis Park1511398.6%$353,000$365,000-3.3%
Bloomington22420012%$350,500$323,5008.3%
Hopkins36360%$347,500$327,7506%

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