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Friday, November 22, 2024

The first quarter of 2022: Home prices in Eureka Center increased

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The median sale price of a home sold in the first quarter of 2022 in Eureka Center rose by $74,050 while total sales remained unchanged with two homes sold, according to BlockShopper.com.

From January through March of 2022, there were two homes sold, with a median sale price of $548,500 - a 15.6% increase over the $474,450 median sale price for the same period of the previous year. There were two homes sold in Eureka Center in the first quarter of 2021, as well.

The median sales tax in Eureka Center for the most recent year with available data, 2020, was $3,778, approximately 0.7% of the median home sale price for the first quarter of 2022.

The following table compares Eureka Center 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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