Champlin home prices rise in January 2020

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The median sale price of a home sold in January 2020 in Champlin rose by $950 while total sales increased by 20%, according to BlockShopper.com.

In January 2020, there were 18 homes sold, with a median sale price of $264,950 - a 0.4% increase over the $264,000 median sale price for the same period of the previous year. There were 15 homes sold in Champlin in January 2019.

The median sales tax in Champlin for the most recent year with available data, 2015, was $2,398, approximately 0.9% of the median home sale price for January 2020.

The following table compares Champlin to other Hennepin County cities with similar median sales prices in January 2020:

CityJan. 2020 Home SalesJan. 2019 Home Sales% change (Total Home Sales)Jan. 2020 Median Sales PriceJan. 2019 Median Sales Price% change (Median Sales Price)
St. Louis Park3142-26.2%$300,000$282,0006.4%
Mound914-35.7%$300,000$239,75025.1%
Minneapolis188322-41.6%$286,500$249,95014.6%
Long Lake12-50%$285,000$520,000-45.2%
Richfield2126-19.2%$274,000$226,50021%
Champlin181520%$264,950$264,0000.4%
New Hope615-60%$252,450$240,0005.2%
Hopkins10825%$245,625$314,500-21.9%
Brooklyn Park4568-33.8%$245,000$231,5005.8%
Rogers59-44.4%$233,750$361,000-35.2%
Orono38-62.5%$233,500$488,000-52.2%

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