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Dakota Times

Tuesday, November 5, 2024

May 2021: Home prices in Mendota Heights increased

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The median sale price of a home sold in May 2021 in Mendota Heights rose by $140,575 while total sales increased by 28.6%, according to BlockShopper.com.

In May 2021, there were nine homes sold, with a median sale price of $608,075 - a 30.1% increase over the $467,500 median sale price for the same period of the previous year. There were seven homes sold in Mendota Heights in May 2020.

The median sales tax in Mendota Heights for the most recent year with available data, 2020, was $4,364, approximately 0.7% of the median home sale price for May 2021.

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

CityMay 2021 Home SalesMay 2020 Home Sales% change (Total Home Sales)May 2021 Median Sales PriceMay 2020 Median Sales Price% change (Median Sales Price)
Mendota Heights9728.6%$608,075$467,50030.1%
Northfield14-75%$520,000$415,00025.3%
Rosemount1721-19%$360,000$310,80015.8%
Lakeville4765-27.7%$359,000$318,00012.9%
Eagan6568-4.4%$350,000$313,50011.6%
Burnsville4157-28.1%$350,000$295,00018.6%
Farmington1840-55%$315,000$295,5006.6%
Hampton20-$313,250$0-
Apple Valley3670-48.6%$276,000$285,750-3.4%
South St. Paul1319-31.6%$275,000$225,00022.2%
Inver Grove Heights29290%$270,000$242,50011.3%

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