Maple Grove home prices rise in the third quarter of 2020

Medium realestate3

The median sale price of a home sold in the third quarter of 2020 in Maple Grove rose by $28,250 while total sales decreased by 45.1%, according to

From July through September of 2020, there were 201 homes sold, with a median sale price of $370,000 - a 8.3% increase over the $341,750 median sale price for the same period of the previous year. There were 366 homes sold in Maple Grove in the third quarter of 2019.

The median sales tax in Maple Grove for the most recent year with available data, 2019, was $3,926, approximately 1.1% of the median home sale price for the third quarter of 2020.

The following table compares Maple Grove 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)
Golden Valley43123-65%$409,900$358,40014.4%
Spring Park67-14.3%$377,500$668,000-43.5%
Maple Grove201366-45.1%$370,000$341,7508.3%
St. Louis Park130208-37.5%$365,000$314,50016.1%
St. Anthony1521-28.6%$330,000$380,000-13.2%

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