Home prices increased in Golden Valley during January 2021

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The median sale price of a home sold in January 2021 in Golden Valley rose by $132,000 while total sales decreased by 40%, according to BlockShopper.com.

In January 2021, there were nine homes sold, with a median sale price of $457,000 - a 40.6% increase over the $325,000 median sale price for the same period of the previous year. There were 15 homes sold in Golden Valley in January 2020.

The median sales tax in Golden Valley for the most recent year with available data, 2019, was $4,869, approximately 1.1% of the median home sale price for January 2021.

The following table compares Golden Valley to other Hennepin County cities with similar median sale prices in January 2021:

CityJan. 2021 Home SalesJan. 2020 Home Sales% change (Total Home Sales)Jan. 2021 Median Sales PriceJan. 2020 Median Sales Price% change (Median Sales Price)
Medicine Lake110%$990,000$475,000108.4%
Golden Valley915-40%$457,000$325,00040.6%
Long Lake23-33.3%$399,450$285,00040.2%

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