In December 2020, there were 23 homes sold, with a median sale price of $325,000 - a 36.7% increase over the $237,750 median sale price for the same period of the previous year. There were 32 homes sold in Inver Grove Heights in December 2019.
The median sales tax in Inver Grove Heights for the most recent year with available data, 2019, was $2,852, approximately 0.9% of the median home sale price for December 2020.
The following table compares Inver Grove Heights to other Dakota County cities with similar median sale prices in December 2020:
| City | Dec. 2020 Home Sales | Dec. 2019 Home Sales | % change (Total Home Sales) | Dec. 2020 Median Sales Price | Dec. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Nininger | 1 | 0 | - | $550,000 | $0 | - |
| Eureka Center | 2 | 1 | 100% | $524,918 | $210,000 | 150% |
| Mendota Heights | 13 | 11 | 18.2% | $460,000 | $395,000 | 16.5% |
| Empire | 4 | 3 | 33.3% | $354,500 | $200,000 | 77.3% |
| Castle Rock | 1 | 1 | 0% | $325,000 | $200,000 | 62.5% |
| Inver Grove Heights | 23 | 32 | -28.1% | $325,000 | $237,750 | 36.7% |
| Northfield | 2 | 2 | 0% | $324,950 | $199,000 | 63.3% |
| Lakeville | 41 | 57 | -28.1% | $312,500 | $283,000 | 10.4% |
| Rosemount | 20 | 26 | -23.1% | $306,500 | $271,400 | 12.9% |
| Apple Valley | 45 | 52 | -13.5% | $304,000 | $258,950 | 17.4% |
| Eagan | 48 | 74 | -35.1% | $294,800 | $263,500 | 11.9% |
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