The median sale price of a home sold in the first quarter of 2017 in Inver Grove Heights rose by $9,950 while total sales decreased by 28.9%, according to BlockShopper.com.
From January through March of 2017, there were 64 homes sold, with a median sale price of $189,900 – a 5.5% increase over the $179,950 median sale price for the same period of the previous year. There were 90 homes sold in Inver Grove Heights in the first quarter of 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 the first quarter of 2017.
The following table compares Inver Grove Heights to other Dakota County cities with similar median sales prices in the first quarter of 2017:
| City | Jan. – Mar. 2017 Home Sales | Jan. – Mar. 2016 Home Sales | % change (Total Home Sales) | Jan. – Mar. 2017 Median Sales Price | Jan. – Mar. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Eagan | 158 | 162 | -2.5% | $241,000 | $232,750 | 3.5% |
| Rosemount | 70 | 74 | -5.4% | $230,000 | $246,000 | -6.5% |
| Farmington | 105 | 98 | 7.1% | $219,000 | $199,900 | 9.6% |
| Burnsville | 173 | 199 | -13.1% | $216,000 | $214,900 | 0.5% |
| Castle Rock | 5 | 2 | 150% | $215,000 | $242,500 | -11.3% |
| Apple Valley | 166 | 175 | -5.1% | $199,100 | $188,000 | 5.9% |
| Inver Grove Heights | 64 | 90 | -28.9% | $189,900 | $179,950 | 5.5% |
| Hastings | 92 | 80 | 15% | $183,730 | $169,550 | 8.4% |
| West St. Paul | 60 | 50 | 20% | $177,450 | $177,950 | -0.3% |
| South St. Paul | 78 | 50 | 56% | $176,950 | $171,250 | 3.3% |
| Hampton | 3 | 5 | -40% | $175,000 | $245,000 | -28.6% |
