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Minnesota State Wire

Thursday, November 7, 2024

Apple Valley home prices rise in the first half of 2020

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The median sale price of a home sold in the first half of 2020 in Apple Valley rose by $6,100 while total sales decreased by 19.2%, according to BlockShopper.com.

From January through June of 2020, there were 353 homes sold, with a median sale price of $270,000 - a 2.3% increase over the $263,900 median sale price for the same period of the previous year. There were 437 homes sold in Apple Valley in the first half of 2019.

The median sales tax in Apple Valley for the most recent year with available data, 2019, was $2,844, approximately 1.1% of the median home sale price for the first half of 2020.

The following table compares Apple Valley to other Dakota County cities with similar median sales prices in the first half of 2020:

CityJan. - June 2020 Home SalesJan. - June 2019 Home Sales% change (Total Home Sales)Jan. - June 2020 Median Sales PriceJan. - June 2019 Median Sales Price% change (Median Sales Price)
Rosemount130222-41.4%$309,400$275,00012.5%
Eagan343491-30.1%$298,500$290,0002.9%
Burnsville323417-22.5%$287,800$260,00010.7%
Farmington173245-29.4%$281,500$256,00010%
Empire18175.9%$275,250$310,000-11.2%
Apple Valley353437-19.2%$270,000$263,9002.3%
Castle Rock34-25%$264,000$312,200-15.4%
Waterford12-50%$260,000$302,624-14.1%
Hastings161203-20.7%$250,000$229,4009%
Inver Grove Heights154216-28.7%$240,000$249,950-4%
West St. Paul97150-35.3%$239,900$220,2508.9%

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