From January through December of 2020, there were 358 homes sold, with a median sale price of $250,000. There were 460 homes sold in Inver Grove Heights in 2019, and the median sales price for the period was also $250,000.
The median sales tax in Inver Grove Heights for the most recent year with available data, 2019, was $2,852, approximately 1.1% of the median home sale price for 2020.
The following table compares Inver Grove Heights to other Dakota County cities with similar median sale prices in 2020:
| City | Jan. - Dec. 2020 Home Sales | Jan. - Dec. 2019 Home Sales | % change (Total Home Sales) | Jan. - Dec. 2020 Median Sales Price | Jan. - Dec. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Burnsville | 742 | 908 | -18.3% | $295,000 | $269,900 | 9.3% |
| Empire | 43 | 33 | 30.3% | $290,000 | $310,000 | -6.5% |
| Farmington | 389 | 509 | -23.6% | $289,900 | $262,500 | 10.4% |
| Vermillion | 10 | 11 | -9.1% | $283,500 | $260,750 | 8.7% |
| Apple Valley | 739 | 941 | -21.5% | $270,000 | $270,000 | 0% |
| Castle Rock | 11 | 8 | 37.5% | $268,000 | $292,500 | -8.4% |
| Hampton | 26 | 16 | 62.5% | $250,250 | $272,500 | -8.2% |
| Inver Grove Heights | 358 | 460 | -22.2% | $250,000 | $250,000 | 0% |
| Hastings | 356 | 452 | -21.2% | $250,000 | $235,000 | 6.4% |
| West St. Paul | 193 | 278 | -30.6% | $245,000 | $230,000 | 6.5% |
| South St. Paul | 275 | 362 | -24% | $234,000 | $220,000 | 6.4% |
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