Eagan home prices rise in the first quarter of 2017

Eagan home prices rise in the first quarter of 2017
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The median sale price of a home sold in the first quarter of 2017 in Eagan rose by $8,250 while total sales decreased by 2.5%, according to BlockShopper.com.

From January through March of 2017, there were 158 homes sold, with a median sale price of $241,000 – a 3.5% increase over the $232,750 median sale price for the same period of the previous year. There were 162 homes sold in Eagan in the first quarter of 2016.

The median sales tax in Eagan for the most recent year with available data, 2014, was $2,524, approximately 1% of the median home sale price for the first quarter of 2017.

The following table compares Eagan to other Dakota County cities with similar median sales prices in the first quarter of 2017:

City Jan. – Mar. 2017 Home Sales Jan. – Mar. 2016 Home Sales % change (Total Home Sales) Jan. – Mar. 2017 Median Sales Price Jan. – Mar. 2016 Median Sales Price % change (Median Sales Price)
Nininger 2 0 – $282,500 $0 –
Lilydale 3 4 -25% $275,000 $252,450 8.9%
Empire 11 9 22.2% $275,000 $195,000 41%
Lakeville 154 249 -38.2% $273,450 $262,500 4.2%
Vermillion 4 3 33.3% $269,000 $145,000 85.5%
Eagan 158 162 -2.5% $241,000 $232,750 3.5%
Rosemount 70 74 -5.4% $230,000 $246,000 -6.5%
Farmington 105 98 7.1% $219,000 $199,900 9.6%
Burnsville 173 199 -13.1% $216,000 $214,900 0.5%
Castle Rock 5 2 150% $215,000 $242,500 -11.3%
Apple Valley 166 175 -5.1% $199,100 $188,000 5.9%


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