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Dakota Times

Wednesday, November 6, 2024

February 2021: Home prices in Mendota Heights fell

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The median sale price of a home sold in February 2021 in Mendota Heights fell by $25,000 while total sales increased by 100%, according to BlockShopper.com.

In February 2021, there were eight homes sold, with a median sale price of $395,000 - a 6% decrease over the $420,000 median sale price for the same period of the previous year. There were four homes sold in Mendota Heights in February 2020.

The median sales tax in Mendota Heights for the most recent year with available data, 2020, was $4,364, approximately 1.1% of the median home sale price for February 2021.

The following table compares Mendota Heights to other Dakota County cities with similar median sale prices in February 2021:

CityFeb. 2021 Home SalesFeb. 2020 Home Sales% change (Total Home Sales)Feb. 2021 Median Sales PriceFeb. 2020 Median Sales Price% change (Median Sales Price)
Northfield12-50%$570,000$325,00075.4%
Empire12-50%$515,000$397,00029.7%
Mendota Heights84100%$395,000$420,000-6%
Lakeville503831.6%$335,000$329,2501.7%
Farmington17170%$328,000$280,00017.1%
Burnsville3449-30.6%$309,000$275,00012.4%
Eagan3851-25.5%$305,000$293,9003.8%
Rosemount181250%$301,000$289,9503.8%
Hastings1127-59.3%$290,000$246,50017.6%
Apple Valley3541-14.6%$270,000$255,0005.9%
South St. Paul171513.3%$240,350$209,50014.7%

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