In January 2022, there were 24 homes sold, with a median sale price of $244,950 - a 3.8% decrease over the $254,500 median sale price for the same period of the previous year. There were 36 homes sold in Inver Grove Heights in January 2021.
The median sales tax in Inver Grove Heights for the most recent year with available data, 2020, was $2,842, approximately 1.2% of the median home sale price for January 2022.
The following table compares Inver Grove Heights to other Dakota County cities with similar median sale prices in January 2022:
| City | Jan. 2022 Home Sales | Jan. 2021 Home Sales | % change (Total Home Sales) | Jan. 2022 Median Sales Price | Jan. 2021 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Farmington | 8 | 28 | -71.4% | $399,500 | $295,400 | 35.2% |
| Empire | 1 | 2 | -50% | $390,000 | $252,000 | 54.8% |
| Mendota Heights | 6 | 8 | -25% | $382,500 | $437,500 | -12.6% |
| Apple Valley | 26 | 42 | -38.1% | $325,500 | $231,000 | 40.9% |
| Burnsville | 37 | 48 | -22.9% | $313,100 | $304,950 | 2.7% |
| Eagan | 29 | 53 | -45.3% | $275,000 | $290,000 | -5.2% |
| South St. Paul | 16 | 16 | 0% | $260,000 | $235,000 | 10.6% |
| Hastings | 21 | 27 | -22.2% | $260,000 | $285,000 | -8.8% |
| West St. Paul | 12 | 16 | -25% | $253,000 | $236,000 | 7.2% |
| Inver Grove Heights | 24 | 36 | -33.3% | $244,950 | $254,500 | -3.8% |
| Hampton | 1 | 2 | -50% | $240,000 | $251,500 | -4.6% |
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