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Friday, September 12, 2025

Empire home prices rise in the first quarter of 2018

Realestate077

The median sale price of a home sold in the first quarter of 2018 in Empire rose by $3,250 while total sales decreased by 27.3%, according to BlockShopper.com.

From January through March of 2018, there were eight homes sold, with a median sale price of $278,250 - a 1.2% increase over the $275,000 median sale price for the same period of the previous year. There were 11 homes sold in Empire in the first quarter of 2017.

The median sales tax in Empire for the most recent year with available data, 2014, was $2,424, approximately 0.9% of the median home sale price for the first quarter of 2018.

The following table compares Empire to other Dakota County cities with similar median sales prices in the first quarter of 2018:

CityJan. - Mar. 2018 Home SalesJan. - Mar. 2017 Home Sales% change (Total Home Sales)Jan. - Mar. 2018 Median Sales PriceJan. - Mar. 2017 Median Sales Price% change (Median Sales Price)
Northfield37-57.1%$390,740$290,00034.7%
Castle Rock25-60%$370,000.50$215,00072.1%
Mendota Heights372737%$361,500$347,0004.2%
Vermillion34-25%$321,000$269,00019.3%
Lakeville1631545.8%$279,000$273,4502%
Empire811-27.3%$278,250$275,0001.2%
Burnsville145173-16.2%$258,000$216,00019.4%
Rosemount5870-17.1%$256,500$230,00011.5%
Apple Valley150166-9.6%$251,000$199,10026.1%
Nininger3250%$245,000$282,500-13.3%
Lilydale4333.3%$242,950$275,000-11.7%

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