From October through December of 2020, there were 91 homes sold, with a median sale price of $270,000 - a 8% increase over the $250,000 median sale price for the same period of the previous year. There were 100 homes sold in Inver Grove Heights in the fourth quarter of 2019.
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 the fourth quarter of 2020.
The following table compares Inver Grove Heights to other Dakota County cities with similar median sale prices in the fourth quarter of 2020:
| City | Oct. - Dec. 2020 Home Sales | Oct. - Dec. 2019 Home Sales | % change (Total Home Sales) | Oct. - Dec. 2020 Median Sales Price | Oct. - Dec. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Rosemount | 74 | 88 | -15.9% | $319,000 | $282,700 | 12.8% |
| Burnsville | 165 | 191 | -13.6% | $305,000 | $273,000 | 11.7% |
| Eagan | 160 | 219 | -26.9% | $301,250 | $280,000 | 7.6% |
| Apple Valley | 174 | 184 | -5.4% | $289,950 | $264,475 | 9.6% |
| Farmington | 90 | 100 | -10% | $280,000 | $276,250 | 1.4% |
| Hampton | 10 | 3 | 233.3% | $280,000 | $190,000 | 47.4% |
| Northfield | 10 | 13 | -23.1% | $275,000 | $259,900 | 5.8% |
| Inver Grove Heights | 91 | 100 | -9% | $270,000 | $250,000 | 8% |
| South St. Paul | 55 | 60 | -8.3% | $250,000 | $216,500 | 15.5% |
| Hastings | 73 | 110 | -33.6% | $250,000 | $230,500 | 8.5% |
| West St. Paul | 34 | 45 | -24.4% | $237,500 | $245,000 | -3.1% |
Alerts Sign-up