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Monday, November 25, 2024

What happened to the median home price in Inver Grove Heights during January 2021?

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The median sale price of a home sold in January 2021 in Inver Grove Heights fell by $12,500 while total sales increased by 52.4%, according to BlockShopper.com.

In January 2021, there were 32 homes sold, with a median sale price of $237,500 - a 5% decrease over the $250,000 median sale price for the same period of the previous year. There were 21 homes sold in Inver Grove Heights in January 2020.

The median sales tax in Inver Grove Heights for the most recent year with available data, 2020, was $2,842, approximately 1.2% of the median home sale price for January 2021.

The following table compares Inver Grove Heights to other Dakota County cities with similar median sale prices in January 2021:

CityJan. 2021 Home SalesJan. 2020 Home Sales% change (Total Home Sales)Jan. 2021 Median Sales PriceJan. 2020 Median Sales Price% change (Median Sales Price)
Burnsville4041-2.4%$304,950$270,00012.9%
Northfield12-50%$299,100$314,225-4.8%
Hastings2427-11.1%$279,500$210,00033.1%
Eagan4449-10.2%$275,500$280,000-1.6%
Rosemount2122-4.5%$265,000$284,500-6.9%
Empire220%$252,000$185,90035.6%
Hampton21100%$251,500$71,900249.8%
Inver Grove Heights322152.4%$237,500$250,000-5%
West St. Paul1417-17.6%$236,000$228,0003.5%
South St. Paul1317-23.5%$235,000$194,00021.1%
Apple Valley3949-20.4%$232,000$239,250-3%

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