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Minnesota State Wire

Friday, September 12, 2025

Empire home prices rise in May 2018

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The median sale price of a home sold in May 2018 in Empire rose by $40,830 while total sales decreased by 33.3%, according to BlockShopper.com.

In May 2018, there were two homes sold, with a median sale price of $365,830 - a 12.6% increase over the $325,000 median sale price for the same period of the previous year. There were three homes sold in Empire in May 2017.

The median sales tax in Empire for the most recent year with available data, 2014, was $2,424, approximately 0.7% of the median home sale price for May 2018.

The following table compares Empire to other Dakota County cities with similar median sales prices in May 2018:

CityMay 2018 Home SalesMay 2017 Home Sales% change (Total Home Sales)May 2018 Median Sales PriceMay 2017 Median Sales Price% change (Median Sales Price)
Sunfish Lake10-$873,300$0-
Lilydale21100%$530,500$179,000196.4%
Randolph12-50%$385,000$287,00034.1%
Mendota Heights20200%$372,500$322,50015.5%
Empire23-33.3%$365,830.46$325,00012.6%
Lakeville100117-14.5%$310,461.50$265,00017.2%
Eureka Center12-50%$298,000$415,250-28.2%
Eagan1129024.4%$287,500$223,25028.8%
Rosemount3334-2.9%$268,500$293,000-8.4%
Apple Valley89113-21.2%$252,000$235,0007.2%
Farmington3972-45.8%$250,000$243,0002.9%

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