In July 2018, there were 50 homes sold, with a median sale price of $224,900 - a 7.9% increase over the $208,500 median sale price for the same period of the previous year. There were 50 homes sold in Inver Grove Heights in July 2017, as well.
The median sales tax in Inver Grove Heights for the most recent year with available data, 2014, was $2,222, approximately 1% of the median home sale price for July 2018.
The following table compares Inver Grove Heights to other Dakota County cities with similar median sales prices in July 2018:
| City | July 2018 Home Sales | July 2017 Home Sales | % change (Total Home Sales) | July 2018 Median Sales Price | July 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Eagan | 98 | 90 | 8.9% | $269,447.50 | $281,850 | -4.4% |
| Hampton | 1 | 1 | 0% | $268,000 | $219,900 | 21.9% |
| Burnsville | 99 | 86 | 15.1% | $254,000 | $248,218 | 2.3% |
| Farmington | 44 | 49 | -10.2% | $251,359.79 | $247,400 | 1.6% |
| Rosemount | 40 | 41 | -2.4% | $250,500 | $272,500 | -8.1% |
| Northfield | 7 | 5 | 40% | $250,000 | $334,000 | -25.1% |
| West St. Paul | 22 | 25 | -12% | $242,500 | $204,000 | 18.9% |
| Hastings | 55 | 50 | 10% | $235,000 | $208,732.11 | 12.6% |
| Vermillion | 1 | 0 | - | $233,000 | $0 | - |
| Inver Grove Heights | 50 | 50 | 0% | $224,900 | $208,500 | 7.9% |
| South St. Paul | 37 | 40 | -7.5% | $215,000 | $187,500 | 14.7% |
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