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Dakota Times

Tuesday, November 26, 2024

Empire home prices rose in March 2021

Realestate2

The median sale price of a home sold in March 2021 in Empire rose by $231,500 while total sales decreased by 20%, according to BlockShopper.com.

In March 2021, there were four homes sold, with a median sale price of $422,500 - a 121.2% increase over the $191,000 median sale price for the same period of the previous year. There were five homes sold in Empire in March 2020.

The median sales tax in Empire for the most recent year with available data, 2020, was $3,559, approximately 0.8% of the median home sale price for March 2021.

The following table compares Empire to other Dakota County cities with similar median sale prices in March 2021:

CityMar. 2021 Home SalesMar. 2020 Home Sales% change (Total Home Sales)Mar. 2021 Median Sales PriceMar. 2020 Median Sales Price% change (Median Sales Price)
Mendota Heights12771.4%$579,950$279,900107.2%
Eureka Center20-$474,450$0-
Empire45-20%$422,500$191,000121.2%
Northfield110%$370,000$400,000-7.5%
Lakeville6167-9%$360,000$335,0007.5%
Randolph14-75%$325,000$503,250-35.4%
Rosemount2425-4%$321,800$305,0005.5%
Eagan6264-3.1%$318,000$226,00040.7%
Hampton20-$317,500$0-
Burnsville786520%$306,250$284,6257.6%
Farmington2539-35.9%$285,000$260,9009.2%

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