Inver Grove Heights home prices rise in January 2020

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The median sale price of a home sold in January 2020 in Inver Grove Heights rose by $15,050 while total sales decreased by 32.1%, according to BlockShopper.com.

In January 2020, there were 19 homes sold, with a median sale price of $240,000 - a 6.7% increase over the $224,950 median sale price for the same period of the previous year. There were 28 homes sold in Inver Grove Heights in January 2019.

The median sales tax in Inver Grove Heights for the most recent year with available data, 2019, was $2,852, approximately 1.2% of the median home sale price for January 2020.

The following table compares Inver Grove Heights 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)
Lilydale
1
0
-
$280,000
$0
-
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%

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