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Dakota Times

Tuesday, November 5, 2024

What happened to the median home price in Burnsville during the first quarter of 2022?

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The median sale price of a home sold in the first quarter of 2022 in Burnsville rose by $21,800 while total sales decreased by 3%, according to BlockShopper.com.

From January through March of 2022, there were 161 homes sold, with a median sale price of $330,000 - a 7.1% increase over the $308,200 median sale price for the same period of the previous year. There were 166 homes sold in Burnsville in the first quarter of 2021.

The median sales tax in Burnsville for the most recent year with available data, 2020, was $3,106, approximately 0.9% of the median home sale price for the first quarter of 2022.

The following table compares Burnsville to other Dakota County cities with similar median sale prices in the first quarter of 2022:

CityJan. - Mar. 2022 Home SalesJan. - Mar. 2021 Home Sales% change (Total Home Sales)Jan. - Mar. 2022 Median Sales PriceJan. - Mar. 2021 Median Sales Price% change (Median Sales Price)
Rosemount4668-32.4%$377,000$313,50020.3%
Lakeville111162-31.5%$375,000$332,50012.8%
Vermillion10-$341,500$0-
Farmington6272-13.9%$336,000$295,45013.7%
Eagan153163-6.1%$330,000$300,00010%
Burnsville161166-3%$330,000$308,2007.1%
Apple Valley139154-9.7%$328,000$254,00029.1%
Northfield4333.3%$319,450$370,000-13.7%
Empire770%$300,000$415,000-27.7%
West St. Paul4749-4.1%$280,000$232,00020.7%
Inver Grove Heights98953.2%$272,050$269,9000.8%

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