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Minnesota State Wire

Wednesday, November 6, 2024

Rising home prices in Champlin in January 2022

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The median sale price of a home sold in January 2022 in Champlin rose by $18,750 while total sales increased by 75%, according to BlockShopper.com.

In January 2022, there were seven homes sold, with a median sale price of $335,000 - a 5.9% increase over the $316,250 median sale price for the same period of the previous year. There were four homes sold in Champlin in January 2021.

The median sales tax in Champlin for the most recent year with available data, 2019, was $3,209, approximately 1% of the median home sale price for January 2022.

The following table compares Champlin to other Hennepin County cities with similar median sale prices in January 2022:

CityJan. 2022 Home SalesJan. 2021 Home Sales% change (Total Home Sales)Jan. 2022 Median Sales PriceJan. 2021 Median Sales Price% change (Median Sales Price)
Eden Prairie1116-31.3%$367,000$381,200-3.7%
Loretto10-$365,000$0-
Bloomington28267.7%$356,000$278,37527.9%
Richfield191346.2%$348,150$290,00020.1%
St. Louis Park1623-30.4%$337,500$316,0006.8%
Champlin7475%$335,000$316,2505.9%
Rogers26-66.7%$334,000$396,250-15.7%
Brooklyn Park473056.7%$320,000$267,75019.5%
Hopkins6450%$313,000$423,500-26.1%
Minneapolis18216510.3%$312,500$302,7773.2%
Robbinsdale131030%$300,000$269,50011.3%

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