From January through March of 2022, there were 139 homes sold, with a median sale price of $328,000 - a 29.1% increase over the $254,000 median sale price for the same period of the previous year. There were 154 homes sold in Apple Valley in the first quarter of 2021.
The median sales tax in Apple Valley for the most recent year with available data, 2020, was $3,186, approximately 1% of the median home sale price for the first quarter of 2022.
The following table compares Apple Valley to other Dakota County cities with similar median sale prices in the first quarter of 2022:
| City | Jan. - Mar. 2022 Home Sales | Jan. - Mar. 2021 Home Sales | % change (Total Home Sales) | Jan. - Mar. 2022 Median Sales Price | Jan. - Mar. 2021 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Lakeville | 111 | 162 | -31.5% | $375,000 | $332,500 | 12.8% |
| Vermillion | 1 | 0 | - | $341,500 | $0 | - |
| Farmington | 62 | 72 | -13.9% | $336,000 | $295,450 | 13.7% |
| Eagan | 153 | 163 | -6.1% | $330,000 | $300,000 | 10% |
| Burnsville | 161 | 166 | -3% | $330,000 | $308,200 | 7.1% |
| Apple Valley | 139 | 154 | -9.7% | $328,000 | $254,000 | 29.1% |
| Northfield | 4 | 3 | 33.3% | $319,450 | $370,000 | -13.7% |
| Empire | 7 | 7 | 0% | $300,000 | $415,000 | -27.7% |
| West St. Paul | 47 | 49 | -4.1% | $280,000 | $232,000 | 20.7% |
| Inver Grove Heights | 98 | 95 | 3.2% | $272,050 | $269,900 | 0.8% |
| Hastings | 85 | 77 | 10.4% | $270,000 | $261,000 | 3.4% |
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