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Dakota Times

Tuesday, November 5, 2024

March 2022: Home prices in South St. Paul increased

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The median sale price of a home sold in March 2022 in South St. Paul rose by $19,600 while total sales decreased by 32%, according to BlockShopper.com.

In March 2022, there were 17 homes sold, with a median sale price of $249,500 - a 8.5% increase over the $229,900 median sale price for the same period of the previous year. There were 25 homes sold in South St. Paul in March 2021.

The median sales tax in South St. Paul for the most recent year with available data, 2020, was $2,833, approximately 1.1% of the median home sale price for March 2022.

The following table compares South St. Paul to other Dakota County cities with similar median sale prices in March 2022:

CityMar. 2022 Home SalesMar. 2021 Home Sales% change (Total Home Sales)Mar. 2022 Median Sales PriceMar. 2021 Median Sales Price% change (Median Sales Price)
Burnsville6679-16.5%$329,800$306,5007.6%
Farmington2526-3.8%$327,900$282,25016.2%
Apple Valley6274-16.2%$327,750$260,00026.1%
Inver Grove Heights302425%$316,750$271,00016.9%
West St. Paul1219-36.8%$315,000$215,00046.5%
Hastings3236-11.1%$285,000$254,00012.2%
Hampton12-50%$276,500$317,500-12.9%
Empire14-75%$260,000$422,500-38.5%
South St. Paul1725-32%$249,500$229,9008.5%
Northfield110%$225,000$370,000-39.2%
Randolph110%$62,000$325,000-80.9%

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