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Thursday, December 26, 2024

What happened to the median home price in Inver Grove Heights during June 2021?

Realestate077

The median sale price of a home sold in June 2021 in Inver Grove Heights rose by $71,250 while total sales decreased by 5.3%, according to BlockShopper.com.

In June 2021, there were 36 homes sold, with a median sale price of $317,500 - a 28.9% increase over the $246,250 median sale price for the same period of the previous year. There were 38 homes sold in Inver Grove Heights in June 2020.

The median sales tax in Inver Grove Heights for the most recent year with available data, 2020, was $2,842, approximately 0.9% of the median home sale price for June 2021.

The following table compares Inver Grove Heights to other Dakota County cities with similar median sale prices in June 2021:

CityJune 2021 Home SalesJune 2020 Home Sales% change (Total Home Sales)June 2021 Median Sales PriceJune 2020 Median Sales Price% change (Median Sales Price)
Rosemount2734-20.6%$361,000$350,0003.1%
Burnsville6975-8%$345,000$299,90015%
Empire56-16.7%$336,000$276,70021.4%
Apple Valley93876.9%$335,000$288,50016.1%
Farmington48480%$321,000$298,2507.6%
Inver Grove Heights3638-5.3%$317,500$246,25028.9%
South St. Paul2640-35%$290,000$230,75025.7%
Hastings3147-34%$263,000$273,000-3.7%
Northfield56-16.7%$255,500$342,450-25.4%
Randolph12-50%$250,000$255,000-2%
West St. Paul1319-31.6%$250,000$266,000-6%

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