The median sale price of a home sold in April in Orono fell by $60,000 while total sales increased by 133.3 percent, according to BlockShopper.com.
In April, there were 14 homes sold, with a median sale price of $1,275,000 - a 4.5 percent decrease from the $1,335,000 median sale price for the same period of the previous year. There were six homes sold in Orono in April 2021.
The median sales tax in Orono for the most recent year with available data, 2019, was $6,598, approximately 0.5 percent of the median home sale price for April.
The following table compares Orono to other Hennepin County cities with similar median sale prices in April:
| City | April 2022 Home Sales | April 2021 Home Sales | % change (Total Home Sales) | April 2022 Median Sales Price | April 2021 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Tonka Bay | 1 | 4 | -75 | $2,007,500 | $660,000 | 204.2 |
| Minnetonka Beach | 1 | 0 | - | $1,350,000 | $0 | - |
| Greenwood | 1 | 3 | -66.7 | $1,302,475 | $1,325,000 | -1.7 |
| Orono | 14 | 6 | 133.3 | $1,275,000 | $1,335,000 | -4.5 |
| Wayzata | 5 | 9 | -44.4 | $900,000 | $598,500 | 50.4 |
| Greenfield | 3 | 2 | 50 | $792,500 | $380,000 | 108.6 |
| Medina | 10 | 3 | 233.3 | $670,000 | $590,000 | 13.6 |
| Edina | 54 | 55 | -1.8 | $627,500 | $595,000 | 5.5 |
| Deephaven | 6 | 2 | 200 | $625,000 | $712,250 | -12.2 |
| St. Anthony | 6 | 3 | 100 | $554,950 | $415,000 | 33.7 |
| Excelsior | 1 | 3 | -66.7 | $550,000 | $739,900 | -25.7 |
Alerts Sign-up