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Dakota Times

Monday, November 25, 2024

January 2021: Empire experienced a 35.6% increase in median home prices

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The median sale price of a home sold in January 2021 in Empire rose by $66,100 while total sales remained unchanged with two homes sold, according to BlockShopper.com.

In January 2021, there were two homes sold, with a median sale price of $252,000 - a 35.6% increase over the $185,900 median sale price for the same period of the previous year. There were two homes sold in Empire in January 2020, as well.

The median sales tax in Empire for the most recent year with available data, 2020, was $3,559, approximately 1.4% of the median home sale price for January 2021.

The following table compares Empire 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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