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Dakota Times

Friday, November 22, 2024

Mendota Heights home prices fell in March 2022

Realestate5

The median sale price of a home sold in March 2022 in Mendota Heights fell by $188,900 while total sales decreased by 61.5%, according to BlockShopper.com.

In March 2022, there were five homes sold, with a median sale price of $406,000 - a 31.8% decrease over the $594,900 median sale price for the same period of the previous year. There were 13 homes sold in Mendota Heights in March 2021.

The median sales tax in Mendota Heights for the most recent year with available data, 2020, was $4,364, approximately 1.1% of the median home sale price for March 2022.

The following table compares Mendota Heights 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)
Lilydale20-$654,000$0-
Eureka Center12-50%$650,000$474,45037%
Lakeville4065-38.5%$457,500$355,00028.9%
Mendota Heights513-61.5%$406,000$594,900-31.8%
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%

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