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Dakota Times

Tuesday, November 26, 2024

Rising home prices in South St. Paul in the first quarter of 2021

Realestate3

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The median sale price of a home sold in the first quarter of 2021 in South St. Paul rose by $20,000 while total sales decreased by 3.2%, according to BlockShopper.com.

From January through March of 2021, there were 61 homes sold, with a median sale price of $235,000 - a 9.3% increase over the $215,000 median sale price for the same period of the previous year. There were 63 homes sold in South St. Paul in the first quarter of 2020.

The median sales tax in South St. Paul for the most recent year with available data, 2020, was $2,833, approximately 1.2% of the median home sale price for the first quarter of 2021.

The following table compares South St. Paul to other Dakota County cities with similar median sale prices in the first quarter of 2021:

CityJan. - Mar. 2021 Home SalesJan. - Mar. 2020 Home Sales% change (Total Home Sales)Jan. - Mar. 2021 Median Sales PriceJan. - Mar. 2020 Median Sales Price% change (Median Sales Price)
Randolph550%$325,000$384,000-15.4%
Rosemount685915.3%$313,500$297,0005.6%
Burnsville1651547.1%$306,500$278,9509.9%
Eagan157161-2.5%$300,000$272,00010.3%
Farmington7178-9%$295,900$264,54011.9%
Hampton41300%$275,000$71,900282.5%
Inver Grove Heights926737.3%$267,000$221,75020.4%
Hastings76717%$263,000$235,00011.9%
Apple Valley1531520.7%$255,000$260,250-2%
South St. Paul6163-3.2%$235,000$215,0009.3%
West St. Paul4854-11.1%$231,500$225,0002.9%

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