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Minnesota State Wire

Wednesday, November 6, 2024

Pricing for the median home in Mendota Heights decreased during January 2022

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The median sale price of a home sold in January 2022 in Mendota Heights fell by $55,000 while total sales decreased by 25%, according to BlockShopper.com.

In January 2022, there were six homes sold, with a median sale price of $382,500 - a 12.6% decrease over the $437,500 median sale price for the same period of the previous year. There were eight homes sold in Mendota Heights in January 2021.

The median sales tax in Mendota Heights for the most recent year with available data, 2020, was $4,364, approximately 1.1% of the median home sale price for January 2022.

The following table compares Mendota Heights to other Dakota County cities with similar median sale prices in January 2022:

CityJan. 2022 Home SalesJan. 2021 Home Sales% change (Total Home Sales)Jan. 2022 Median Sales PriceJan. 2021 Median Sales Price% change (Median Sales Price)
Castle Rock12-50%$420,000$365,00015.1%
Lakeville2141-48.8%$417,000$323,00029.1%
Northfield21100%$400,500$299,10033.9%
Farmington828-71.4%$399,500$295,40035.2%
Empire12-50%$390,000$252,00054.8%
Mendota Heights68-25%$382,500$437,500-12.6%
Apple Valley2642-38.1%$325,500$231,00040.9%
Burnsville3748-22.9%$313,100$304,9502.7%
Eagan2953-45.3%$275,000$290,000-5.2%
South St. Paul16160%$260,000$235,00010.6%
Hastings2127-22.2%$260,000$285,000-8.8%

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