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Minnesota State Wire

Thursday, November 7, 2024

Nininger home prices fall 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 Nininger fell by $52,400 while total sales remained unchanged with three homes sold, according to BlockShopper.com.

From January through June of 2020, there were three homes sold, with a median sale price of $387,500 - a 11.9% decrease over the $439,900 median sale price for the same period of the previous year. There were three homes sold in Nininger in the first half of 2019, as well.

The median sales tax in Nininger for the most recent year with available data, 2019, was $2,923, approximately 0.8% of the median home sale price for the first half of 2020.

The following table compares Nininger 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)
Eureka Center39-66.7%$400,000$350,00014.3%
Nininger330%$387,500$439,900-11.9%
Randolph710-30%$384,000$288,50033.1%
Northfield191618.8%$370,000$204,50080.9%
Lilydale10742.9%$358,750$350,0002.5%
Mendota Heights4783-43.4%$325,000$400,000-18.8%
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%

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