The median sale price of a home sold in the third quarter of 2020 in Hennepin fell by $62,500 while total sales increased by 150%, according to BlockShopper.com.
From July through September of 2020, there were five homes sold, with a median sale price of $95,000 - a 39.7% decrease over the $157,500 median sale price for the same period of the previous year. There were two homes sold in Hennepin in the third quarter of 2019.
The median sales tax in Hennepin for the most recent year with available data, 2019, was $2,138, approximately 2.3% of the median home sale price for the third quarter of 2020.
The following table compares Hennepin to other Putnam County cities in the third quarter of 2020:
| City | July - Sept. 2020 Home Sales | July - Sept. 2019 Home Sales | % change (Total Home Sales) | July - Sept. 2020 Median Sales Price | July - Sept. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Granville | 4 | 1 | 300% | $119,800 | $91,000 | 31.6% |
| McNabb | 1 | 0 | - | $106,000 | $0 | - |
| Hennepin | 5 | 2 | 150% | $95,000 | $157,500 | -39.7% |
| Standard | 2 | 0 | - | $78,500 | $0 | - |
| Mark | 2 | 0 | - | $72,500 | $0 | - |
| Magnolia | 0 | 1 | -100% | $0 | $211,000 | -100% |
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