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Minnesota State Wire

Thursday, September 11, 2025

Randolph home prices fall in the first quarter of 2018

Re 12

The median sale price of a home sold in the first quarter of 2018 in Randolph fell by $90,100 while total sales remained unchanged with three homes sold, according to BlockShopper.com.

From January through March of 2018, there were three homes sold, with a median sale price of $224,900 - a 28.6% decrease over the $315,000 median sale price for the same period of the previous year. There were three homes sold in Randolph in the first quarter of 2017, as well.

The median sales tax in Randolph for the most recent year with available data, 2014, was $1,657, approximately 0.7% of the median home sale price for the first quarter of 2018.

The following table compares Randolph to other Dakota County cities with similar median sales prices in the first quarter of 2018:

CityJan. - Mar. 2018 Home SalesJan. - Mar. 2017 Home Sales% change (Total Home Sales)Jan. - Mar. 2018 Median Sales PriceJan. - Mar. 2017 Median Sales Price% change (Median Sales Price)
Apple Valley150166-9.6%$251,000$199,10026.1%
Nininger3250%$245,000$282,500-13.3%
Lilydale4333.3%$242,950$275,000-11.7%
Inver Grove Heights876435.9%$230,000$189,90021.1%
Eagan19015820.3%$229,450$241,000-4.8%
Randolph330%$224,900$315,000-28.6%
Farmington79105-24.8%$223,500$219,0002.1%
South St. Paul6878-12.8%$198,450$176,95012.2%
Hampton13-66.7%$194,900$175,00011.4%
Hastings6092-34.8%$187,750$183,7302.2%
West St. Paul4560-25%$184,000$177,4503.7%

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