The city of Champlin is a city in Hennepin County. With a population of about 23,000, it is a northern suburb of Minneapolis with the Mississippi River running along it’s northeast border.
From May of 2015 to May of 2016 this is the most up to date information on what is happening in the Champlin Real Estate Market. Statistics offered by the Minneapolis Area Association of Realtors.
|Median Sales Price||$216,500||$215,000||-0.7%|
|Days on the market||70||58||-17.1%|
|Months Supply of Inventory||2.9||2.3||-20.7%|
What this means for you if you’re selling your home:
It’s a very good time to sell your home if you live in Champlin!
- There are more new listings and more closed sales now than there was one year ago at the same time.
- This past year prices have gone down a slight .7% but will hopefully start to rise in the summer market, even though homes are not staying on the market as long.
- If you live in Champlin and are thinking about making a move in the next 12 months…it’s a good idea to have some urgency to put your home on the market.
See more Statistics on Champlin Real Estate Here
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