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Dakota Times

Wednesday, November 6, 2024

How did home prices perform in Eagan during February 2022?

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The median sale price of a home sold in February 2022 in Eagan rose by $80,000 while total sales decreased by 21.4%, according to BlockShopper.com.

In February 2022, there were 33 homes sold, with a median sale price of $360,000 - a 28.6% increase over the $280,000 median sale price for the same period of the previous year. There were 42 homes sold in Eagan in February 2021.

The median sales tax in Eagan for the most recent year with available data, 2020, was $3,332, approximately 0.9% of the median home sale price for February 2022.

The following table compares Eagan to other Dakota County cities with similar median sale prices in February 2022:

CityFeb. 2022 Home SalesFeb. 2021 Home Sales% change (Total Home Sales)Feb. 2022 Median Sales PriceFeb. 2021 Median Sales Price% change (Median Sales Price)
Mendota Heights511-54.5%$486,500$485,0000.3%
Eureka Center10-$447,000$0-
Randolph110%$410,000$299,90036.7%
Castle Rock20-$405,500$0-
Burnsville2839-28.2%$373,775$317,00017.9%
Eagan3342-21.4%$360,000$280,00028.6%
Farmington201811.1%$338,500$313,9507.8%
Apple Valley2738-28.9%$313,500$271,25015.6%
Lakeville2656-53.6%$307,500$332,500-7.5%
Inver Grove Heights2635-25.7%$290,000$269,9007.4%
Hastings181428.6%$287,500$277,5003.6%

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