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Dakota Times

Tuesday, November 5, 2024

The second quarter of 2021: Home prices in Mendota Heights increased

Realestate5

The median sale price of a home sold in the second quarter of 2021 in Mendota Heights rose by $74,000 while total sales increased by 31.3%, according to BlockShopper.com.

From April through June of 2021, there were 42 homes sold, with a median sale price of $460,000 - a 19.2% increase over the $386,000 median sale price for the same period of the previous year. There were 32 homes sold in Mendota Heights in the second quarter of 2020.

The median sales tax in Mendota Heights for the most recent year with available data, 2020, was $4,364, approximately 0.9% of the median home sale price for the second quarter of 2021.

The following table compares Mendota Heights 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)
Nininger21100%$662,700$387,50071%
Vermillion21100%$464,500$295,00057.5%
Mendota Heights423231.3%$460,000$386,00019.2%
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%

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