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Minneapolis Review

Thursday, September 11, 2025

June 2021: Home prices in Minneapolis increased

Webp realestate077

The median sale price of a home sold in June 2021 in Minneapolis rose by $25,850 while total sales decreased by 65.3%, according to BlockShopper.com.

In June 2021, there were 127 homes sold, with a median sale price of $332,500 - a 8.4% increase over the $306,650 median sale price for the same period of the previous year. There were 366 homes sold in Minneapolis in June 2020.

The median sales tax in Minneapolis for the most recent year with available data, 2019, was $3,937, approximately 1.2% of the median home sale price for June 2021.

The following table compares Minneapolis to other Hennepin County cities with similar median sale prices in June 2021:

CityJune 2021 Home SalesJune 2020 Home Sales% change (Total Home Sales)June 2021 Median Sales PriceJune 2020 Median Sales Price% change (Median Sales Price)
Mound14955.6%$352,000$315,00011.7%
Brooklyn Park2785-68.2%$352,000$275,00028%
Champlin827-70.4%$345,500$300,00015.2%
New Hope724-70.8%$340,000$273,85024.2%
Golden Valley526-80.8%$335,000$322,5003.9%
Minneapolis127366-65.3%$332,500$306,6508.4%
Bloomington3169-55.1%$325,000$317,0002.5%
Medina19-88.9%$325,000$480,000-32.3%
Richfield1836-50%$320,700$290,35010.5%
Crystal820-60%$307,450$250,00023%
Minnetrista712-41.7%$300,000$529,277-43.3%

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