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Dakota Times

Tuesday, November 5, 2024

Home prices increased in Apple Valley during March 2022

Realestate2

The median sale price of a home sold in March 2022 in Apple Valley rose by $67,750 while total sales decreased by 16.2%, according to BlockShopper.com.

In March 2022, there were 62 homes sold, with a median sale price of $327,750 - a 26.1% increase over the $260,000 median sale price for the same period of the previous year. There were 74 homes sold in Apple Valley in March 2021.

The median sales tax in Apple Valley for the most recent year with available data, 2020, was $3,186, approximately 1% of the median home sale price for March 2022.

The following table compares Apple Valley 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)
Rosemount1724-29.2%$379,000$321,80017.8%
Eagan5768-16.2%$345,000$318,0008.5%
Vermillion10-$341,500$0-
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%

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