The median sale price of a home sold in January 2017 in Inver Grove Heights fell by $3,050 while total sales decreased by 28.6%, according to BlockShopper.com.
In January 2017, there were 20 homes sold, with a median sale price of $189,450 – a 1.6% decrease over the $192,500 median sale price for the same period of the previous year. There were 28 homes sold in Inver Grove Heights in January 2016.
The median sales tax in Inver Grove Heights for the most recent year with available data, 2014, was $2,222, approximately 1.2% of the median home sale price for January 2017.
The following table compares Inver Grove Heights to other Dakota County cities with similar median sales prices in January 2017:
| City | Jan. 2017 Home Sales | Jan. 2016 Home Sales | % change (Total Home Sales) | Jan. 2017 Median Sales Price | Jan. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Eagan | 37 | 51 | -27.5% | $243,600 | $256,000 | -4.8% |
| Lakeville | 50 | 75 | -33.3% | $234,506.50 | $265,000 | -11.5% |
| Burnsville | 36 | 63 | -42.9% | $225,550 | $168,000 | 34.3% |
| Rosemount | 14 | 24 | -41.7% | $217,950 | $223,000 | -2.3% |
| West St. Paul | 14 | 19 | -26.3% | $196,000 | $179,900 | 8.9% |
| Farmington | 27 | 27 | 0% | $195,000 | $195,000 | 0% |
| Apple Valley | 43 | 58 | -25.9% | $194,000 | $225,000 | -13.8% |
| Inver Grove Heights | 20 | 28 | -28.6% | $189,450 | $192,500 | -1.6% |
| Hastings | 23 | 18 | 27.8% | $188,500 | $150,500 | 25.2% |
| Castle Rock | 1 | 1 | 0% | $187,000 | $230,000 | -18.7% |
| South St. Paul | 25 | 14 | 78.6% | $160,500 | $196,200 | -18.2% |
