In July 2017, there were 50 homes sold, with a median sale price of $208,500 - a 0.7% decrease over the $210,000 median sale price for the same period of the previous year. There were 55 homes sold in Inver Grove Heights in July 2016.
The median sales tax in Inver Grove Heights for the most recent year with available data, 2014, was $2,222, approximately 1.1% of the median home sale price for July 2017.
The following table compares Inver Grove Heights to other Dakota County cities with similar median sales prices in July 2017:
| City | July 2017 Home Sales | July 2016 Home Sales | % change (Total Home Sales) | July 2017 Median Sales Price | July 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Lakeville | 88 | 131 | -32.8% | $273,900 | $266,000 | 3% |
| Rosemount | 41 | 49 | -16.3% | $272,500 | $235,000 | 16% |
| Burnsville | 86 | 98 | -12.2% | $248,218 | $250,000 | -0.7% |
| Farmington | 49 | 59 | -16.9% | $247,400 | $225,000 | 10% |
| Empire | 4 | 4 | 0% | $240,500 | $336,750 | -28.6% |
| Apple Valley | 98 | 139 | -29.5% | $235,000 | $244,900 | -4% |
| Hampton | 1 | 2 | -50% | $219,900 | $235,250 | -6.5% |
| Hastings | 50 | 48 | 4.2% | $208,732.11 | $210,950 | -1.1% |
| Inver Grove Heights | 50 | 55 | -9.1% | $208,500 | $210,000 | -0.7% |
| West St. Paul | 25 | 40 | -37.5% | $204,000 | $200,000 | 2% |
| South St. Paul | 40 | 36 | 11.1% | $187,500 | $188,250 | -0.4% |
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