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Minnesota State Wire

Tuesday, November 5, 2024

Lilydale home prices rise in October 2019

Realestate1

The median sale price of a home sold in October 2019 in Lilydale rose by $279,000 while total sales decreased by 33.3%, according to BlockShopper.com.

In October 2019, there were two homes sold, with a median sale price of $451,000 - a 162.2% increase over the $172,000 median sale price for the same period of the previous year. There were three homes sold in Lilydale in October 2018.

The median sales tax in Lilydale for 2019 was $3,021. In 2018, the median sales tax was $2,554. This marks an increase of 18.2%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 0.7%.

The following table compares Lilydale to other Dakota County cities with similar median sales prices in October 2019:

CityOct. 2019 Home SalesOct. 2018 Home Sales% change (Total Home Sales)Oct. 2019 Median Sales PriceOct. 2018 Median Sales Price% change (Median Sales Price)
Nininger10-$610,000$0-
Lilydale23-33.3%$451,000$172,000162.2%
Randolph21100%$382,450$220,00073.8%
Mendota Heights1719-10.5%$356,985$330,0008.2%
Eureka Center12-50%$350,000$402,500-13%
Rosemount3035-14.3%$333,950$285,00017.2%
Lakeville6887-21.8%$305,000$299,0002%
Eagan8192-12%$285,500$262,5008.8%
Apple Valley6996-28.1%$283,500$222,10027.6%
Burnsville7688-13.6%$278,000$245,00013.5%
Farmington3440-15%$261,600$236,50010.6%

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