Brooklyn Park home prices rise in the third quarter of 2020

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The median sale price of a home sold in the third quarter of 2020 in Brooklyn Park rose by $24,000 while total sales decreased by 43.8%, according to BlockShopper.com.

From July through September of 2020, there were 185 homes sold, with a median sale price of $285,000 - a 9.2% increase over the $261,000 median sale price for the same period of the previous year. There were 329 homes sold in Brooklyn Park in the third quarter of 2019.

The median sales tax in Brooklyn Park for the most recent year with available data, 2019, was $3,372, approximately 1.2% of the median home sale price for the third quarter of 2020.

The following table compares Brooklyn Park to other Hennepin County cities with similar median sales prices in the third quarter of 2020:

CityJuly - Sept. 2020 Home SalesJuly - Sept. 2019 Home Sales% change (Total Home Sales)July - Sept. 2020 Median Sales PriceJuly - Sept. 2019 Median Sales Price% change (Median Sales Price)
Long Lake312-75%$314,900$284,25010.8%
Maple Plain59-44.4%$308,000$270,00014.1%
Richfield79177-55.4%$302,600$279,5008.3%
New Hope3982-52.4%$292,652$262,70011.4%
Champlin48117-59%$290,000$281,0003.2%
Brooklyn Park185329-43.8%$285,000$261,0009.2%
Robbinsdale4295-55.8%$262,950$239,00010%
Greenfield518-72.2%$262,500$285,000-7.9%
Osseo512-58.3%$260,666$237,5009.8%
Crystal65144-54.9%$255,000$242,2005.3%
Brooklyn Center80139-42.4%$236,950$223,0006.3%

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