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Minnesota State Wire

Wednesday, November 6, 2024

Maple Grove home prices rose in January 2022

Realestate077

The median sale price of a home sold in January 2022 in Maple Grove rose by $110,050 while total sales increased by 45%, according to BlockShopper.com.

In January 2022, there were 29 homes sold, with a median sale price of $368,550 - a 42.6% increase over the $258,500 median sale price for the same period of the previous year. There were 20 homes sold in Maple Grove in January 2021.

The median sales tax in Maple Grove for the most recent year with available data, 2019, was $3,926, approximately 1.1% of the median home sale price for January 2022.

The following table compares Maple Grove 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)
Independence12-50%$449,500$1,150,000-60.9%
Corcoran21100%$444,200$3,50012591.4%
Golden Valley990%$430,000$457,000-5.9%
St. Anthony31200%$425,000$334,00027.2%
Plymouth201353.8%$424,500$412,739.462.8%
Maple Grove292045%$368,550$258,50042.6%
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%

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