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Dakota Times

Tuesday, November 5, 2024

Pricing for the median home in Northfield decreased during the second quarter of 2021

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The median sale price of a home sold in the second quarter of 2021 in Northfield fell by $89,900 while total sales decreased by 53.3%, according to BlockShopper.com.

From April through June of 2021, there were seven homes sold, with a median sale price of $280,000 - a 24.3% decrease over the $369,900 median sale price for the same period of the previous year. There were 15 homes sold in Northfield in the second quarter of 2020.

The median sales tax in Northfield for the most recent year with available data, 2020, was $4,136, approximately 1.5% of the median home sale price for the second quarter of 2021.

The following table compares Northfield to other Dakota County cities with similar median sale prices in the second quarter of 2021:

CityApr. - June 2021 Home SalesApr. - June 2020 Home Sales% change (Total Home Sales)Apr. - June 2021 Median Sales PriceApr. - June 2020 Median Sales Price% change (Median Sales Price)
Burnsville21619311.9%$330,000$298,00010.7%
Farmington13311416.7%$318,000$297,5006.9%
Apple Valley2472288.3%$312,000$278,50012%
Hampton5366.7%$306,500$219,90039.4%
Inver Grove Heights13210229.4%$293,700$244,95019.9%
Northfield715-53.3%$280,000$369,900-24.3%
Castle Rock220%$275,000$480,000-42.7%
South St. Paul8183-2.4%$275,000$228,90020.1%
Hastings102104-1.9%$275,000$269,2002.2%
Empire13128.3%$273,500$292,500-6.5%
West St. Paul605020%$264,450$265,532.50-0.4%

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