The median sale price of a home sold in October 2020 in Bloomington rose by $19,550 while total sales decreased by 84.5%, according to BlockShopper.com.
In October 2020, there were 16 homes sold, with a median sale price of $299,450 - a 7% increase over the $279,900 median sale price for the same period of the previous year. There were 103 homes sold in Bloomington in October 2019.
The median sales tax in Bloomington for the most recent year with available data, 2019, was $3,580, approximately 1.2% of the median home sale price for October 2020.
The following table compares Bloomington to other Hennepin County cities with similar median sales prices in October 2020:
| City | Oct. 2020 Home Sales | Oct. 2019 Home Sales | % change (Total Home Sales) | Oct. 2020 Median Sales Price | Oct. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| St. Louis Park | 14 | 49 | -71.4% | $344,750 | $325,000 | 6.1% |
| Richfield | 11 | 46 | -76.1% | $320,000 | $273,625 | 16.9% |
| Brooklyn Park | 22 | 74 | -70.3% | $320,000 | $245,000 | 30.6% |
| Minneapolis | 140 | 371 | -62.3% | $315,000 | $289,500 | 8.8% |
| New Hope | 5 | 29 | -82.8% | $300,000 | $272,000 | 10.3% |
| Bloomington | 16 | 103 | -84.5% | $299,450 | $279,900 | 7% |
| Champlin | 5 | 29 | -82.8% | $286,000 | $270,000 | 5.9% |
| Robbinsdale | 5 | 26 | -80.8% | $275,000 | $222,500 | 23.6% |
| Crystal | 13 | 39 | -66.7% | $270,500 | $239,000 | 13.2% |
| Minnetrista | 2 | 15 | -86.7% | $258,500 | $406,157 | -36.4% |
| Mound | 4 | 19 | -78.9% | $243,500 | $266,000 | -8.5% |
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