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Dakota Times

Monday, May 20, 2024

Median home prices in Inver Grove Heights rose to $299,500 in Q2

Realestate3

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The median sale price of a home sold in the second quarter of 2022 in Inver Grove Heights rose by $7,000 while total sales decreased by 15.6 percent, according to BlockShopper.com.

From April through June, there were 124 homes sold, with a median sale price of $299,500 - a 2.4 percent increase over the $292,500 median sale price for the same period of the previous year. There were 147 homes sold in Inver Grove Heights in the second quarter of 2021.

The median sales tax in Inver Grove Heights for the most recent year with available data, 2020, was $2,842, approximately 0.9 percent of the median home sale price for the second quarter of 2022.

The following table compares Inver Grove Heights to other Dakota County cities with similar median sale prices in the second quarter of 2022:

CityApril - June 2022 Home SalesApril - June 2021 Home Sales% change (Total Home Sales)April - June 2022 Median Sales PriceApril - June 2021 Median Sales Price% change (Median Sales Price)
Lakeville254314-19.1$405,000$373,0008.6
Hampton8560$385,000$306,50025.6
Burnsville215249-13.7$375,000$330,00013.6
Eagan252305-17.4$370,000$364,5001.5
Rosemount93105-11.4$367,000$361,0001.7
Farmington116157-26.1$350,000$322,0008.7
Apple Valley225292-22.9$350,000$317,50010.2
Hastings100117-14.5$311,000$275,00013.1
West St. Paul6673-9.6$310,000$266,90016.1
Inver Grove Heights124147-15.6$299,500$292,5002.4
South St. Paul7489-16.9$280,000$275,0001.8

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