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Dakota Times

Tuesday, November 5, 2024

Castle Rock home prices rose in the first quarter of 2022

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The median sale price of a home sold in the first quarter of 2022 in Castle Rock rose by $46,000 while total sales increased by 50%, according to BlockShopper.com.

From January through March of 2022, there were three homes sold, with a median sale price of $411,000 - a 12.6% increase over the $365,000 median sale price for the same period of the previous year. There were two homes sold in Castle Rock in the first quarter of 2021.

The median sales tax in Castle Rock for the most recent year with available data, 2020, was $3,203, approximately 0.8% of the median home sale price for the first quarter of 2022.

The following table compares Castle Rock 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)
Eureka Center220%$548,500$474,45015.6%
Castle Rock3250%$411,000$365,00012.6%
Mendota Heights1732-46.9%$405,000$492,500-17.8%
Lilydale3250%$378,800$331,00014.4%
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%

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