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Dakota Times

Tuesday, November 5, 2024

Pricing for the median home in Lilydale increased during the first half of 2021

Realestate3

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Adobe Stock

The median sale price of a home sold in the first half of 2021 in Lilydale rose by $40,000 while total sales decreased by 44.4%, according to BlockShopper.com.

From January through June of 2021, there were five homes sold, with a median sale price of $320,000 - a 14.3% increase over the $280,000 median sale price for the same period of the previous year. There were nine homes sold in Lilydale in the first half of 2020.

The median sales tax in Lilydale for the most recent year with available data, 2020, was $2,992, approximately 0.9% of the median home sale price for the first half of 2021.

The following table compares Lilydale 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)
Castle Rock4333.3%$365,000$487,000-25.1%
Lakeville43933431.4%$359,000$329,949.508.8%
Rosemount15914013.6%$336,500$312,6507.6%
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%

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