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Dakota Times

Tuesday, November 5, 2024

Falling home prices in Castle Rock 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 Castle Rock fell by $122,000 while total sales increased by 33.3%, according to BlockShopper.com.

From January through June of 2021, there were four homes sold, with a median sale price of $365,000 - a 25.1% decrease over the $487,000 median sale price for the same period of the previous year. There were three homes sold in Castle Rock in the first half of 2020.

The median sales tax in Castle Rock for the most recent year with available data, 2020, was $3,203, approximately 0.9% of the median home sale price for the first half of 2021.

The following table compares Castle Rock 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)
Sunfish Lake10-$860,000$0-
Nininger330%$634,400$387,50063.7%
Mendota Heights745145.1%$482,500$330,00046.2%
Vermillion220%$464,500$252,50084%
Eureka Center330%$384,900$400,000-3.8%
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%

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