From January through December of 2019, there were 433 homes sold, with a median sale price of $280,000 - a 5.7% increase over the $265,000 median sale price for the previous year. There were 425 homes sold in Rosemount in 2018.
The median sales tax in Rosemount for 2019 was $3,066. In 2018, the median sales tax was $2,962. This marks an increase of 3.5%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.1%.
The following table compares Rosemount to other Dakota County cities with similar median sales prices in 2019:
City | Jan. - Dec. 2019 Home Sales | Jan. - Dec. 2018 Home Sales | % change (Total Home Sales) | Jan. - Dec. 2019 Median Sales Price | Jan. - Dec. 2018 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Empire | 33 | 45 | -26.7% | $310,000 | $285,000 | 8.8% |
Lakeville | 941 | 1,097 | -14.2% | $307,500 | $296,000 | 3.9% |
Waterford | 2 | 3 | -33.3% | $302,624 | $299,878 | 0.9% |
Eagan | 1,050 | 1,157 | -9.2% | $295,000 | $260,000 | 13.5% |
Castle Rock | 8 | 21 | -61.9% | $292,500 | $310,000 | -5.6% |
Rosemount | 433 | 425 | 1.9% | $280,000 | $265,000 | 5.7% |
Hampton | 16 | 14 | 14.3% | $272,500 | $215,125 | 26.7% |
Apple Valley | 941 | 1,028 | -8.5% | $270,000 | $250,000 | 8% |
Burnsville | 908 | 1,084 | -16.2% | $269,900 | $259,000 | 4.2% |
Northfield | 47 | 37 | 27% | $265,100 | $290,000 | -8.6% |
Farmington | 509 | 513 | -0.8% | $262,500 | $245,000 | 7.1% |