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Minnesota State Wire

Wednesday, November 6, 2024

Golden Valley median home prices fell by 5.9% in January 2022

Realestate077

The median sale price of a home sold in January 2022 in Golden Valley fell by $27,000 while total sales remained unchanged with nine homes sold, according to BlockShopper.com.

In January 2022, there were nine homes sold, with a median sale price of $430,000 - a 5.9% decrease over the $457,000 median sale price for the same period of the previous year. There were nine homes sold in Golden Valley in January 2021, as well.

The median sales tax in Golden Valley for the most recent year with available data, 2019, was $4,869, approximately 1.1% of the median home sale price for January 2022.

The following table compares Golden Valley 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)
Shorewood12-50%$575,000$1,886,000-69.5%
Mound12-50%$535,000$314,95069.9%
Minnetonka13128.3%$495,000$394,95025.3%
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-

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