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Minnesota State Wire

Wednesday, November 6, 2024

Northfield home prices fall in July 2020

Re 1

The median sale price of a home sold in July 2020 in Northfield fell by $39,000 while total sales decreased by 84.6%, according to BlockShopper.com.

In July 2020, there were two homes sold, with a median sale price of $269,000 - a 12.7% decrease over the $308,000 median sale price for the same period of the previous year. There were 13 homes sold in Northfield in July 2019.

The median sales tax in Northfield for the most recent year with available data, 2019, was $3,783, approximately 1.4% of the median home sale price for July 2020.

The following table compares Northfield to other Dakota County cities with similar median sales prices in July 2020:

CityJuly 2020 Home SalesJuly 2019 Home Sales% change (Total Home Sales)July 2020 Median Sales PriceJuly 2019 Median Sales Price% change (Median Sales Price)
Vermillion31200%$320,000$250,00028%
Apple Valley48128-62.5%$285,000$281,5001.2%
Burnsville56107-47.7%$281,500$270,0004.3%
Hampton36-50%$275,000$274,0000.4%
Inver Grove Heights2661-57.4%$269,950$270,000-0%
Northfield213-84.6%$269,000$308,000-12.7%
Hastings2054-63%$258,750$222,50016.3%
South St. Paul2451-52.9%$237,100$235,0000.9%
Empire440%$213,000$327,500-35%
West St. Paul1330-56.7%$210,000$243,500-13.8%
Castle Rock220%$90,000$357,000-74.8%

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