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Dakota Times

Tuesday, November 5, 2024

July 2021: Home prices in Northfield increased

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The median sale price of a home sold in July 2021 in Northfield rose by $317,500 while total sales increased by 50%, according to BlockShopper.com.

In July 2021, there were three homes sold, with a median sale price of $565,000 - a 128.3% increase over the $247,500 median sale price for the same period of the previous year. There were two homes sold in Northfield in July 2020.

The median sales tax in Northfield for the most recent year with available data, 2020, was $4,136, approximately 0.7% of the median home sale price for July 2021.

The following table compares Northfield to other Dakota County cities with similar median sale prices in July 2021:

CityJuly 2021 Home SalesJuly 2020 Home Sales% change (Total Home Sales)July 2021 Median Sales PriceJuly 2020 Median Sales Price% change (Median Sales Price)
Castle Rock12-50%$912,500$90,000913.9%
Lilydale110%$635,000$625,0001.6%
Northfield3250%$565,000$247,500128.3%
Rosemount2439-38.5%$447,250$320,00039.8%
Empire110-90%$440,000$290,00051.7%
Randolph110%$411,000$368,00011.7%
Mendota Heights912-25%$400,000$457,250-12.5%
Eureka Center110%$400,000$447,000-10.5%
Hampton15-80%$385,000$230,00067.4%
Lakeville72111-35.1%$377,700$350,0007.9%
Apple Valley6072-16.7%$338,500$280,75020.6%

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