Empire home prices fall in January 2020

Medium realestate4

The median sale price of a home sold in January 2020 in Empire fell by $121,775 while total sales remained unchanged with two homes sold, according to BlockShopper.com.

In January 2020, there were two homes sold, with a median sale price of $185,900 - a 39.6% decrease over the $307,675 median sale price for the same period of the previous year. There were two homes sold in Empire in January 2019, as well.

The median sales tax in Empire for the most recent year with available data, 2019, was $3,441, approximately 1.9% of the median home sale price for January 2020.

The following table compares Empire to other Dakota County cities with similar median sales prices in January 2020:

City
Jan. 2020 Home Sales
Jan. 2019 Home Sales
% change (Total Home Sales)
Jan. 2020 Median Sales Price
Jan. 2019 Median Sales Price
% change (Median Sales Price)
Castle Rock
1
0
-
$264,000
$0
-
Farmington
18
32
-43.8%
$257,500
$239,900
7.3%
Nininger
1
1
0%
$250,000
$292,000
-14.4%
Burnsville
36
50
-28%
$250,000
$232,700.50
7.4%
Inver Grove Heights
19
28
-32.1%
$240,000
$224,950
6.7%
Apple Valley
41
51
-19.6%
$233,500
$260,900
-10.5%
West St. Paul
15
19
-21.1%
$228,000
$185,000
23.2%
South St. Paul
14
26
-46.2%
$212,950
$198,500
7.3%
Hastings
24
23
4.3%
$207,500
$220,000
-5.7%
Northfield
1
3
-66.7%
$193,000
$180,800
6.7%
Empire
2
2
0%
$185,900
$307,675
-39.6%

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