Medina home prices fall in September 2020

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The median sale price of a home sold in September 2020 in Medina fell by $640 while total sales decreased by 77.8%, according to BlockShopper.com.

In September 2020, there were two homes sold, with a median sale price of $614,625 - a 0.1% decrease over the $615,265 median sale price for the same period of the previous year. There were nine homes sold in Medina in September 2019.

The median sales tax in Medina for the most recent year with available data, 2019, was $6,289, approximately 1% of the median home sale price for September 2020.

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

CitySept. 2020 Home SalesSept. 2019 Home Sales% change (Total Home Sales)Sept. 2020 Median Sales PriceSept. 2019 Median Sales Price% change (Median Sales Price)
Wayzata15-80%$700,000$1,300,000-46.2%
Spring Park36-50%$685,000$646,4506%
Edina2951-43.1%$665,000$558,00019.2%
Orono815-46.7%$660,500$892,000-26%
Minnetrista1113-15.4%$635,000$430,00047.7%
Medina29-77.8%$614,625$615,265-0.1%
Long Lake110%$525,000$192,500172.7%
Eden Prairie2874-62.2%$444,275$378,50017.4%
Shorewood37-57.1%$440,000$434,0001.4%
Deephaven35-40%$432,000$525,000-17.7%
Plymouth3575-53.3%$414,700$375,00010.6%

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