Bloomington home prices rise in July 2020

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The median sale price of a home sold in July 2020 in Bloomington rose by $10,100 while total sales decreased by 59.7%, according to

In July 2020, there were 56 homes sold, with a median sale price of $310,000 - a 3.4% increase over the $299,900 median sale price for the same period of the previous year. There were 139 homes sold in Bloomington in July 2019.

The median sales tax in Bloomington for the most recent year with available data, 2019, was $3,580, approximately 1.2% of the median home sale price for July 2020.

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

CityJuly 2020 Home SalesJuly 2019 Home Sales% change (Total Home Sales)July 2020 Median Sales PriceJuly 2019 Median Sales Price% change (Median Sales Price)
St. Louis Park4787-46%$369,900$306,00020.9%
St. Anthony610-40%$340,500$400,000-14.9%
Maple Grove57142-59.9%$340,000$362,000-6.1%
Maple Plain15-80%$335,000$265,00026.4%
New Hope1430-53.3%$299,950$263,70013.7%
Brooklyn Park67123-45.5%$293,000$269,9008.6%

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