The median sale price of a home sold in February 2017 in Northfield fell by $167,700 while total sales increased by 100%, according to BlockShopper.com.
In February 2017, there were four homes sold, with a median sale price of $80,250 – a 67.6% decrease over the $247,950 median sale price for the same period of the previous year. There were two homes sold in Northfield in February 2016.
The median sales tax in Northfield for the most recent year with available data, 2014, was $2,925, approximately 3.6% of the median home sale price for February 2017.
The following table compares Northfield to other Dakota County cities with similar median sales prices in February 2017:
| City | Feb. 2017 Home Sales | Feb. 2016 Home Sales | % change (Total Home Sales) | Feb. 2017 Median Sales Price | Feb. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Rosemount | 17 | 19 | -10.5% | $235,000 | $260,000 | -9.6% |
| Farmington | 26 | 24 | 8.3% | $229,450 | $222,394.50 | 3.2% |
| Empire | 2 | 3 | -33.3% | $210,500 | $208,800 | 0.8% |
| Burnsville | 60 | 59 | 1.7% | $195,500 | $205,000 | -4.6% |
| Apple Valley | 50 | 37 | 35.1% | $185,550 | $179,400 | 3.4% |
| South St. Paul | 22 | 11 | 100% | $185,384 | $189,500 | -2.2% |
| Hampton | 2 | 2 | 0% | $177,450 | $181,500 | -2.2% |
| Inver Grove Heights | 17 | 29 | -41.4% | $175,200 | $175,000 | 0.1% |
| Hastings | 31 | 35 | -11.4% | $173,800 | $159,000 | 9.3% |
| West St. Paul | 16 | 13 | 23.1% | $160,850 | $170,100 | -5.4% |
| Northfield | 4 | 2 | 100% | $80,250 | $247,950 | -67.6% |
