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Dakota Times

Tuesday, November 5, 2024

How did home prices perform in Lilydale during the first half of 2022?

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The median sale price of a home sold in the first half of 2022 in Lilydale rose by $130,000 while total sales remained unchanged with five homes sold, according to BlockShopper.com.

From January through June, there were five homes sold, with a median sale price of $450,000 - a 40.6 percent increase over the $320,000 median sale price for the same period of the previous year. There were five homes sold in Lilydale in the first half of 2021, as well.

The median sales tax in Lilydale for the most recent year with available data, 2020, was $2,992, approximately 0.7 percent of the median home sale price for the first half of 2022.

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

CityJanuary - June 2022 Home SalesJanuary - June 2021 Home Sales% change (Total Home Sales)January - June 2022 Median Sales PriceJanuary - June 2021 Median Sales Price% change (Median Sales Price)
Sunfish Lake21100$3,447,500$860,000300.9
Nininger13-66.7$575,000$634,400-9.4
Eureka Center330$503,900$384,90030.9
Vermillion42100$455,812$464,500-1.9
Lilydale550$450,000$320,00040.6
Mendota Heights5779-27.8$422,000$480,000-12.1
Randolph49-55.6$417,500$299,90039.2
Castle Rock45-20$415,500$355,00017
Lakeville373476-21.6$401,500$360,45011.4
Northfield141040$400,500$299,55033.7
Empire1724-29.2$379,900$320,50018.5

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