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Minnesota State Wire

Wednesday, November 6, 2024

The third quarter of 2021: Home prices in Greenfield increased

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The median sale price of a home sold in the third quarter of 2021 in Greenfield rose by $211,500 while total sales increased by 133.3%, according to BlockShopper.com.

From July through September of 2021, there were 14 homes sold, with a median sale price of $485,000 - a 77.3% increase over the $273,500 median sale price for the same period of the previous year. There were six homes sold in Greenfield in the third quarter of 2020.

The median sales tax in Greenfield for the most recent year with available data, 2019, was $4,929, approximately 1% of the median home sale price for the third quarter of 2021.

The following table compares Greenfield 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)
Corcoran191172.7%$594,900$375,00058.6%
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%

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