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Minnesota State Wire

Wednesday, November 6, 2024

Pricing for the median home in Golden Valley increased during the third quarter of 2021

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The median sale price of a home sold in the third quarter of 2021 in Golden Valley rose by $26,700 while total sales increased by 34%, according to BlockShopper.com.

From July through September of 2021, there were 63 homes sold, with a median sale price of $400,000 - a 7.2% increase over the $373,300 median sale price for the same period of the previous year. There were 47 homes sold in Golden Valley in the third quarter of 2020.

The median sales tax in Golden Valley for the most recent year with available data, 2019, was $4,869, approximately 1.2% of the median home sale price for the third quarter of 2021.

The following table compares Golden Valley 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)
Plymouth2242059.3%$466,950$385,00021.3%
Eden Prairie15813715.3%$452,000$415,000.108.9%
Rogers393414.7%$425,000$355,00019.7%
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%

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