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Minnesota State Wire

Tuesday, November 5, 2024

Eagan home prices rise in August 2019

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The median sale price of a home sold in August 2019 in Eagan rose by $46,750 while total sales increased by 3.4%, according to BlockShopper.com.

In August 2019, there were 120 homes sold, with a median sale price of $310,500 - a 17.7% increase over the $263,750 median sale price for the same period of the previous year. There were 116 homes sold in Eagan in August 2018.

The median sales tax in Eagan for 2019 was $3,079. In 2018, the median sales tax was $2,867. This marks an increase of 7.4%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1%.

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

CityAug. 2019 Home SalesAug. 2018 Home Sales% change (Total Home Sales)Aug. 2019 Median Sales PriceAug. 2018 Median Sales Price% change (Median Sales Price)
Sunfish Lake110%$1,600,000$523,900205.4%
Mendota Heights2430-20%$514,950$325,00058.4%
Eureka Center110%$385,000$250,00054%
Vermillion4333.3%$382,500$299,50027.7%
Lakeville119121-1.7%$315,000$307,5002.4%
Eagan1201163.4%$310,500$263,75017.7%
Castle Rock14-75%$310,000$310,0000%
Northfield46-33.3%$302,000$246,95022.3%
Farmington5961-3.3%$289,255$255,00013.4%
Burnsville1161132.7%$285,000$276,0003.3%
Rosemount3941-4.9%$284,000$249,50013.8%

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