Champlin home prices rise in the third quarter of 2020

Medium realestate1

The median sale price of a home sold in the third quarter of 2020 in Champlin rose by $9,000 while total sales decreased by 59%, according to

From July through September of 2020, there were 48 homes sold, with a median sale price of $290,000 - a 3.2% increase over the $281,000 median sale price for the same period of the previous year. There were 117 homes sold in Champlin in the third quarter of 2019.

The median sales tax in Champlin for the most recent year with available data, 2019, was $3,209, approximately 1.1% of the median home sale price for the third quarter of 2020.

The following table compares Champlin 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%
New Hope3982-52.4%$292,652$262,70011.4%
Brooklyn Park185329-43.8%$285,000$261,0009.2%

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