In May 2017, there were 20 homes sold, with a median sale price of $322,500 - a 7.9% decrease over the $350,000 median sale price for the same period of the previous year. There were 12 homes sold in Mendota Heights in May 2016.
The median sales tax in Mendota Heights for the most recent year with available data, 2014, was $3,518, approximately 1.1% of the median home sale price for May 2017.
The following table compares Mendota Heights to other Dakota County cities with similar median sales prices in May 2017:
City | May 2017 Home Sales | May 2016 Home Sales | % change (Total Home Sales) | May 2017 Median Sales Price | May 2016 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Eureka Center | 2 | 0 | - | $415,250 | $0 | - |
Castle Rock | 1 | 2 | -50% | $350,000 | $190,000 | 84.2% |
Empire | 3 | 7 | -57.1% | $325,000 | $215,000 | 51.2% |
Mendota Heights | 20 | 12 | 66.7% | $322,500 | $350,000 | -7.9% |
Rosemount | 34 | 46 | -26.1% | $293,000 | $255,450 | 14.7% |
Randolph | 2 | 1 | 100% | $287,000 | $470,000 | -38.9% |
Lakeville | 117 | 134 | -12.7% | $265,000 | $283,750 | -6.6% |
Burnsville | 110 | 96 | 14.6% | $255,761 | $253,250 | 1% |
Hampton | 3 | 2 | 50% | $244,285 | $198,000 | 23.4% |
Farmington | 72 | 58 | 24.1% | $243,000 | $229,950 | 5.7% |
Waterford | 1 | 1 | 0% | $240,000 | $435,000 | -44.8% |