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Dakota Times

Tuesday, November 5, 2024

How did home prices perform in Northfield during the first half of 2021?

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The median sale price of a home sold in the first half of 2021 in Northfield fell by $70,450 while total sales decreased by 47.4%, according to BlockShopper.com.

From January through June of 2021, there were 10 homes sold, with a median sale price of $299,550 - a 19% decrease over the $370,000 median sale price for the same period of the previous year. There were 19 homes sold in Northfield in the first half of 2020.

The median sales tax in Northfield for the most recent year with available data, 2020, was $4,136, approximately 1.4% of the median home sale price for the first half of 2021.

The following table compares Northfield 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)
Eagan43636918.2%$332,750$299,90011%
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%

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