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Minnesota State Wire

Saturday, November 2, 2024

Eagan median home prices rose by 8.5% in March 2022

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The median sale price of a home sold in March 2022 in Eagan rose by $27,000 while total sales decreased by 16.2%, according to BlockShopper.com.

In March 2022, there were 57 homes sold, with a median sale price of $345,000 - a 8.5% increase over the $318,000 median sale price for the same period of the previous year. There were 68 homes sold in Eagan in March 2021.

The median sales tax in Eagan for the most recent year with available data, 2020, was $3,332, approximately 1% of the median home sale price for March 2022.

The following table compares Eagan to other Dakota County cities with similar median sale prices in March 2022:

CityMar. 2022 Home SalesMar. 2021 Home Sales% change (Total Home Sales)Mar. 2022 Median Sales PriceMar. 2021 Median Sales Price% change (Median Sales Price)
Lilydale20-$654,000$0-
Eureka Center12-50%$650,000$474,45037%
Lakeville4065-38.5%$457,500$355,00028.9%
Mendota Heights513-61.5%$406,000$594,900-31.8%
Rosemount1724-29.2%$379,000$321,80017.8%
Eagan5768-16.2%$345,000$318,0008.5%
Vermillion10-$341,500$0-
Burnsville6679-16.5%$329,800$306,5007.6%
Farmington2526-3.8%$327,900$282,25016.2%
Apple Valley6274-16.2%$327,750$260,00026.1%
Inver Grove Heights302425%$316,750$271,00016.9%

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