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Minnesota State Wire

Wednesday, November 6, 2024

December 2020: Apple Valley experienced a 17.4% increase in median home prices

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The median sale price of a home sold in December 2020 in Apple Valley rose by $45,050 while total sales decreased by 13.5%, according to BlockShopper.com.

In December 2020, there were 45 homes sold, with a median sale price of $304,000 - a 17.4% increase over the $258,950 median sale price for the same period of the previous year. There were 52 homes sold in Apple Valley in December 2019.

The median sales tax in Apple Valley for the most recent year with available data, 2019, was $2,844, approximately 0.9% of the median home sale price for December 2020.

The following table compares Apple Valley to other Dakota County cities with similar median sale prices in December 2020:

CityDec. 2020 Home SalesDec. 2019 Home Sales% change (Total Home Sales)Dec. 2020 Median Sales PriceDec. 2019 Median Sales Price% change (Median Sales Price)
Castle Rock110%$325,000$200,00062.5%
Inver Grove Heights2332-28.1%$325,000$237,75036.7%
Northfield220%$324,950$199,00063.3%
Lakeville4157-28.1%$312,500$283,00010.4%
Rosemount2026-23.1%$306,500$271,40012.9%
Apple Valley4552-13.5%$304,000$258,95017.4%
Eagan4874-35.1%$294,800$263,50011.9%
Burnsville5160-15%$289,000$271,5006.4%
South St. Paul151225%$255,000$221,75015%
Farmington2833-15.2%$246,800$288,000-14.3%
West St. Paul1116-31.3%$240,000$257,000-6.6%

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