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Dakota Times

Tuesday, November 26, 2024

What happened to the median home price in Burnsville during the first quarter of 2021?

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The median sale price of a home sold in the first quarter of 2021 in Burnsville rose by $27,550 while total sales increased by 7.1%, according to BlockShopper.com.

From January through March of 2021, there were 165 homes sold, with a median sale price of $306,500 - a 9.9% increase over the $278,950 median sale price for the same period of the previous year. There were 154 homes sold in Burnsville in the first quarter of 2020.

The median sales tax in Burnsville for the most recent year with available data, 2020, was $3,106, approximately 1% of the median home sale price for the first quarter of 2021.

The following table compares Burnsville 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)
Castle Rock21100%$365,000$487,000-25.1%
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%

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