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Minnesota State Wire

Wednesday, November 6, 2024

Apple Valley home prices rise in July 2020

Realestate3

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Adobe Stock

The median sale price of a home sold in July 2020 in Apple Valley rose by $3,500 while total sales decreased by 62.5%, according to BlockShopper.com.

In July 2020, there were 48 homes sold, with a median sale price of $285,000 - a 1.2% increase over the $281,500 median sale price for the same period of the previous year. There were 128 homes sold in Apple Valley in July 2019.

The median sales tax in Apple Valley for the most recent year with available data, 2019, was $2,844, approximately 1% of the median home sale price for July 2020.

The following table compares Apple Valley 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)
Lakeville77112-31.3%$345,000$324,5006.3%
Eagan49129-62%$329,600$305,0008.1%
Rosemount2753-49.1%$325,000$298,7008.8%
Farmington2862-54.8%$321,000$277,50015.7%
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%

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