Bloomington home prices rise in January 2020

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The median sale price of a home sold in January 2020 in Bloomington rose by $32,450 while total sales decreased by 32.1%, according to BlockShopper.com.

In January 2020, there were 36 homes sold, with a median sale price of $302,450 - a 12% increase over the $270,000 median sale price for the same period of the previous year. There were 53 homes sold in Bloomington in January 2019.

The median sales tax in Bloomington for the most recent year with available data, 2015, was $2,927, approximately 1% of the median home sale price for January 2020.

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

City
Jan. 2020 Home Sales
Jan. 2019 Home Sales
% change (Total Home Sales)
Jan. 2020 Median Sales Price
Jan. 2019 Median Sales Price
% change (Median Sales Price)
Hanover
1
0
-
$410,266.68
$0
-
Greenfield
2
2
0%
$385,500
$329,976
16.8%
Plymouth
39
61
-36.1%
$350,000
$355,000
-1.4%
Golden Valley
15
21
-28.6%
$325,000
$346,500
-6.2%
Maple Grove
41
45
-8.9%
$324,000
$268,725
20.6%
Bloomington
36
53
-32.1%
$302,450
$270,000
12%
St. Louis Park
31
42
-26.2%
$300,000
$282,000
6.4%
Mound
9
14
-35.7%
$300,000
$239,750
25.1%
Minneapolis
188
322
-41.6%
$286,500
$249,950
14.6%
Long Lake
1
2
-50%
$285,000
$520,000
-45.2%
Richfield
21
26
-19.2%
$274,000
$226,500
21%

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