The median sales price of a Hennepin County home in the third quarter of 2024 was $390,000, based on data from the 3,091 properties sold during that time. In 2024, the median tax bill for the county was $4,795, which is 1.2% of the median value of the homes that were taxed.
This is 1.1 times higher than the average effective property tax rate of 1.11% in the U.S. in 2023.
The analysis of Hennepin County real estate data showed homeowners in Woodland and St. Anthony paid the highest rates.
The following table compares Woodland with some other cities belonging to Hennepin County by their median effective property tax rate, calculated using sales and property tax data from the third quarter of 2024.
| City | Q3 2024 Sales | Q3 2024 Median Price | Median tax 2024 | Effective tax rate |
|---|---|---|---|---|
| Woodland | 2 | $773,500 | $12,726 | 1.6% |
| St. Anthony | 15 | $408,500 | $6,687 | 1.6% |
| Golden Valley | 79 | $424,900 | $5,942 | 1.4% |
| Corcoran | 23 | $399,000 | $5,458 | 1.4% |
| New Hope | 50 | $338,950 | $4,666 | 1.4% |
| Minneapolis | 939 | $340,000 | $4,534 | 1.3% |
| Crystal | 77 | $310,000 | $4,075 | 1.3% |
| Maple Plain | 8 | $315,106 | $4,175 | 1.3% |
| Robbinsdale | 58 | $314,000 | $4,003 | 1.3% |
| Brooklyn Center | 84 | $290,000 | $3,819 | 1.3% |
| Long Lake | 6 | $334,950 | $4,482 | 1.3% |
| Osseo | 5 | $346,000 | $4,582 | 1.3% |
| Brooklyn Park | 189 | $345,000 | $4,224 | 1.2% |
| Maple Grove | 195 | $410,000 | $4,777 | 1.2% |
| Dayton | 12 | $374,500 | $4,552 | 1.2% |
| St. Louis Park | 120 | $415,000 | $4,918 | 1.2% |
| Richfield | 96 | $366,500 | $4,365 | 1.2% |
| Medicine Lake | 2 | $1,025,000 | $12,648 | 1.2% |
| Minnetonka Beach | 2 | $1,220,000 | $14,745 | 1.2% |
| Loretto | 6 | $385,500 | $4,692 | 1.2% |
| Bloomington | 185 | $395,000 | $4,291 | 1.1% |
| Plymouth | 177 | $489,900 | $5,146 | 1.1% |
| Rogers | 32 | $469,000 | $5,341 | 1.1% |
| Eden Prairie | 146 | $523,500 | $5,501 | 1.1% |
| Edina | 134 | $775,000 | $8,602 | 1.1% |
| Hopkins | 30 | $461,250 | $5,275 | 1.1% |
| Minnetonka | 136 | $501,750 | $5,613 | 1.1% |
| Shorewood | 26 | $704,950 | $7,341 | 1% |
| Mound | 44 | $379,000 | $3,837 | 1% |
| Independence | 10 | $626,250 | $6,072 | 1% |
| Champlin | 65 | $395,000 | $4,139 | 1% |
| Wayzata | 11 | $975,000 | $9,291 | 1% |
| Hanover | 6 | $550,000 | $5,431 | 1% |
| Deephaven | 13 | $1,140,000 | $9,712 | 0.9% |
| Minnetrista | 38 | $613,950 | $5,453 | 0.9% |
| Greenfield | 9 | $625,000 | $5,709 | 0.9% |
| Orono | 23 | $980,000 | $8,628 | 0.9% |
| Medina | 21 | $925,000 | $7,367 | 0.8% |
| Tonka Bay | 4 | $1,022,500 | $7,925 | 0.8% |
| Spring Park | 4 | $1,012,500 | $8,285 | 0.8% |
| Excelsior | 5 | $1,300,000 | $9,155 | 0.7% |
| Greenwood | 2 | $2,872,500 | $13,526 | 0.5% |
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