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Dakota Times

Tuesday, November 5, 2024

Home prices increased in Apple Valley 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 Apple Valley rose by $33,500 while total sales increased by 8.3%, according to BlockShopper.com.

From April through June of 2021, there were 247 homes sold, with a median sale price of $312,000 - a 12% increase over the $278,500 median sale price for the same period of the previous year. There were 228 homes sold in Apple Valley in the second quarter of 2020.

The median sales tax in Apple Valley for the most recent year with available data, 2020, was $3,186, approximately 1% of the median home sale price for the second quarter of 2021.

The following table compares Apple Valley 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)
Lakeville27719244.3%$369,900$325,00013.8%
Eagan27320831.3%$361,000$320,00012.8%
Rosemount918112.3%$360,200$324,90010.9%
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%

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