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Minnesota State Wire

Monday, September 15, 2025

Empire home prices fall in the first half of 2020

Webp re 2

The median sale price of a home sold in the first half of 2020 in Empire fell by $34,750 while total sales increased by 5.9%, according to BlockShopper.com.

From January through June of 2020, there were 18 homes sold, with a median sale price of $275,250 - a 11.2% decrease over the $310,000 median sale price for the same period of the previous year. There were 17 homes sold in Empire in the first half of 2019.

The median sales tax in Empire for the most recent year with available data, 2019, was $3,441, approximately 1.3% of the median home sale price for the first half of 2020.

The following table compares Empire 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)
Lakeville313451-30.6%$322,500$305,0005.7%
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%