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Dakota Times

Wednesday, November 6, 2024

February 2022: Home prices in Mendota Heights increased

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The median sale price of a home sold in February 2022 in Mendota Heights rose by $1,500 while total sales decreased by 54.5%, according to BlockShopper.com.

In February 2022, there were five homes sold, with a median sale price of $486,500 - a 0.3% increase over the $485,000 median sale price for the same period of the previous year. There were 11 homes sold in Mendota Heights in February 2021.

The median sales tax in Mendota Heights for the most recent year with available data, 2020, was $4,364, approximately 0.9% of the median home sale price for February 2022.

The following table compares Mendota Heights 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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