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Dakota Times

Wednesday, November 6, 2024

Pricing for the median home in Eagan increased during 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 Eagan rose by $28,000 while total sales decreased by 2.5%, according to BlockShopper.com.

From January through March of 2021, there were 157 homes sold, with a median sale price of $300,000 - a 10.3% increase over the $272,000 median sale price for the same period of the previous year. There were 161 homes sold in Eagan in the first quarter of 2020.

The median sales tax in Eagan for the most recent year with available data, 2020, was $3,332, approximately 1.1% of the median home sale price for the first quarter of 2021.

The following table compares Eagan 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)
Lakeville15814211.3%$334,500$330,7501.1%
Lilydale26-66.7%$331,000$304,5008.7%
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%

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