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Monday, May 20, 2024

Eagan home prices rose in the first half of 2022

Realestate3

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The median sale price of a home sold in the first half of 2022 in Eagan rose by $15,900 while total sales decreased by 12 percent, according to BlockShopper.com.

From January through June, there were 412 homes sold, with a median sale price of $350,650 - a 4.7 percent increase over the $334,750 median sale price for the same period of the previous year. There were 468 homes sold in Eagan in the first half of 2021.

The median sales tax in Eagan for the most recent year with available data, 2020, was $3,332, approximately one percent of the median home sale price for the first half of 2022.

The following table compares Eagan 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)
Lakeville373476-21.6$401,500$360,45011.4
Northfield141040$400,500$299,55033.7
Empire1724-29.2$379,900$320,50018.5
Rosemount140173-19.1$372,000$339,0009.7
Hampton10911.1$363,000$285,00027.4
Eagan412468-12$350,650$334,7504.7
Farmington182229-20.5$350,000$318,00010.1
Burnsville395415-4.8$350,000$320,0009.4
Apple Valley375446-15.9$345,000$292,75017.8
West St. Paul116122-4.9$295,000$259,50013.7
Inver Grove Heights234242-3.3$291,000$275,0005.8

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