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Minnesota State Wire

Tuesday, November 5, 2024

Rising home prices in Plymouth 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 Plymouth rose by $81,950 while total sales increased by 9.3%, according to BlockShopper.com.

From July through September of 2021, there were 224 homes sold, with a median sale price of $466,950 - a 21.3% increase over the $385,000 median sale price for the same period of the previous year. There were 205 homes sold in Plymouth in the third quarter of 2020.

The median sales tax in Plymouth for the most recent year with available data, 2019, was $4,491, approximately 1% of the median home sale price for the third quarter of 2021.

The following table compares Plymouth 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)
Tonka Bay45-20%$566,500$1,749,000-67.6%
Wayzata816-50%$547,500$695,000-21.2%
Minnetrista3252-38.5%$533,685$484,17110.2%
Minnetonka150153-2%$493,250$410,00020.3%
Greenfield146133.3%$485,000$273,50077.3%
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%

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