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Dakota Times

Tuesday, November 5, 2024

Empire median home prices rose by 9.1% in the first half of 2021

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The median sale price of a home sold in the first half of 2021 in Empire rose by $24,500 while total sales decreased by 4.8%, according to BlockShopper.com.

From January through June of 2021, there were 20 homes sold, with a median sale price of $295,000 - a 9.1% increase over the $270,500 median sale price for the same period of the previous year. There were 21 homes sold in Empire in the first half of 2020.

The median sales tax in Empire for the most recent year with available data, 2020, was $3,559, approximately 1.2% of the median home sale price for the first half of 2021.

The following table compares Empire to other Dakota County cities with similar median sale prices in the first half of 2021:

CityJan. - June 2021 Home SalesJan. - June 2020 Home Sales% change (Total Home Sales)Jan. - June 2021 Median Sales PriceJan. - June 2020 Median Sales Price% change (Median Sales Price)
Burnsville38234710.1%$320,500$290,00010.5%
Lilydale59-44.4%$320,000$280,00014.3%
Farmington2051926.8%$315,000$284,50010.7%
Randolph9728.6%$299,900$384,000-21.9%
Northfield1019-47.4%$299,550$370,000-19%
Empire2021-4.8%$295,000$270,5009.1%
Apple Valley4013805.5%$285,000$270,0005.6%
Hampton94125%$285,000$184,95054.1%
Inver Grove Heights22716934.3%$275,000$240,00014.6%
Hastings1791752.3%$270,000$249,0008.4%
West St. Paul1091044.8%$255,000$244,5004.3%

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