August 2021: Golden Valley experienced a 19.5% increase in median home prices

Medium realestate1

The median sale price of a home sold in August 2021 in Golden Valley rose by $80,100 while total sales decreased by 47.1%, according to BlockShopper.com.

In August 2021, there were nine homes sold, with a median sale price of $490,000 - a 19.5% increase over the $409,900 median sale price for the same period of the previous year. There were 17 homes sold in Golden Valley in August 2020.

The median sales tax in Golden Valley for the most recent year with available data, 2019, was $4,869, approximately 1% of the median home sale price for August 2021.

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

CityAug. 2021 Home SalesAug. 2020 Home Sales% change (Total Home Sales)Aug. 2021 Median Sales PriceAug. 2020 Median Sales Price% change (Median Sales Price)
Shorewood217-88.2%$725,000$575,00026.1%
Wayzata28-75%$725,000$667,5008.6%
Medina39-66.7%$651,000$735,000-11.4%
Long Lake21100%$600,000$314,90090.5%
Rogers412-66.7%$552,500$372,50048.3%
Golden Valley917-47.1%$490,000$409,90019.5%
Plymouth3264-50%$472,500$401,585.5017.7%
Eden Prairie2831-9.7%$450,250$450,0000.1%
Minnetonka2353-56.6%$448,000$426,0005.2%
Orono311-72.7%$438,000$789,000-44.5%
Hopkins613-53.8%$385,000$315,00022.2%

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