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Minnesota State Wire

Wednesday, November 6, 2024

How did home prices perform in South St. Paul during the fourth quarter of 2020?

Realestate1

The median sale price of a home sold in the fourth quarter of 2020 in South St. Paul rose by $33,500 while total sales decreased by 8.3%, according to BlockShopper.com.

From October through December of 2020, there were 55 homes sold, with a median sale price of $250,000 - a 15.5% increase over the $216,500 median sale price for the same period of the previous year. There were 60 homes sold in South St. Paul in the fourth quarter of 2019.

The median sales tax in South St. Paul for the most recent year with available data, 2019, was $2,558, approximately 1% of the median home sale price for the fourth quarter of 2020.

The following table compares South St. Paul to other Dakota County cities with similar median sale prices in the fourth quarter of 2020:

CityOct. - Dec. 2020 Home SalesOct. - Dec. 2019 Home Sales% change (Total Home Sales)Oct. - Dec. 2020 Median Sales PriceOct. - Dec. 2019 Median Sales Price% change (Median Sales Price)
Rosemount7488-15.9%$319,000$282,70012.8%
Burnsville165191-13.6%$305,000$273,00011.7%
Eagan160219-26.9%$301,250$280,0007.6%
Apple Valley174184-5.4%$289,950$264,4759.6%
Farmington90100-10%$280,000$276,2501.4%
Hampton103233.3%$280,000$190,00047.4%
Northfield1013-23.1%$275,000$259,9005.8%
Inver Grove Heights91100-9%$270,000$250,0008%
South St. Paul5560-8.3%$250,000$216,50015.5%
Hastings73110-33.6%$250,000$230,5008.5%
West St. Paul3445-24.4%$237,500$245,000-3.1%

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