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Minnesota State Wire

Wednesday, November 6, 2024

September 2021: Inver Grove Heights experienced a 17% increase in median home prices

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The median sale price of a home sold in September 2021 in Inver Grove Heights rose by $41,000 while total sales increased by 70%, according to BlockShopper.com.

In September 2021, there were 51 homes sold, with a median sale price of $282,000 - a 17% increase over the $241,000 median sale price for the same period of the previous year. There were 30 homes sold in Inver Grove Heights in September 2020.

The median sales tax in Inver Grove Heights for the most recent year with available data, 2020, was $2,842, approximately 1% of the median home sale price for September 2021.

The following table compares Inver Grove Heights to other Dakota County cities with similar median sale prices in September 2021:

CitySept. 2021 Home SalesSept. 2020 Home Sales% change (Total Home Sales)Sept. 2021 Median Sales PriceSept. 2020 Median Sales Price% change (Median Sales Price)
Eagan886339.7%$355,000$324,0009.6%
Rosemount373023.3%$340,000$282,45020.4%
Burnsville936543.1%$340,000$316,9007.3%
Apple Valley805156.9%$335,000$250,00034%
Farmington533265.6%$333,957$273,25022.2%
Northfield31200%$302,000$503,000-40%
Hastings393221.9%$284,000$243,50016.6%
Inver Grove Heights513070%$282,000$241,00017%
South St. Paul392277.3%$278,000$236,25017.7%
West St. Paul232015%$277,136$273,7501.2%
Castle Rock110%$265,000$333,000-20.4%

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