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Minnesota State Wire

Thursday, November 7, 2024

How did home prices perform in Castle Rock during 2020?

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The median sale price of a home sold in 2020 in Castle Rock fell by $24,500 while total sales increased by 37.5%, according to BlockShopper.com.

From January through December of 2020, there were 11 homes sold, with a median sale price of $268,000 - a 8.4% decrease over the $292,500 median sale price for the previous year. There were eight homes sold in Castle Rock in 2019.

The median sales tax in Castle Rock for the most recent year with available data, 2019, was $2,955, approximately 1.1% of the median home sale price for 2020.

The following table compares Castle Rock to other Dakota County cities with similar median sale prices in 2020:

CityJan. - Dec. 2020 Home SalesJan. - Dec. 2019 Home Sales% change (Total Home Sales)Jan. - Dec. 2020 Median Sales PriceJan. - Dec. 2019 Median Sales Price% change (Median Sales Price)
Burnsville742908-18.3%$295,000$269,9009.3%
Empire433330.3%$290,000$310,000-6.5%
Farmington389509-23.6%$289,900$262,50010.4%
Vermillion1011-9.1%$283,500$260,7508.7%
Apple Valley739941-21.5%$270,000$270,0000%
Castle Rock11837.5%$268,000$292,500-8.4%
Hampton261662.5%$250,250$272,500-8.2%
Inver Grove Heights358460-22.2%$250,000$250,0000%
Hastings356452-21.2%$250,000$235,0006.4%
West St. Paul193278-30.6%$245,000$230,0006.5%
South St. Paul275362-24%$234,000$220,0006.4%

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