Lilydale home prices rise in the second quarter of 2020

Medium realestate3

The median sale price of a home sold in the second quarter of 2020 in Lilydale rose by $125,750 while total sales remained unchanged with four homes sold, according to BlockShopper.com.

From April through June of 2020, there were four homes sold, with a median sale price of $409,250 - a 44.4% increase over the $283,500 median sale price for the same period of the previous year. There were four homes sold in Lilydale in the second quarter of 2019, as well.

The median sales tax in Lilydale for the most recent year with available data, 2019, was $3,021, approximately 0.7% of the median home sale price for the second quarter of 2020.

The following table compares Lilydale to other Dakota County cities with similar median sales prices in the second quarter of 2020:

CityApr. - June 2020 Home SalesApr. - June 2019 Home Sales% change (Total Home Sales)Apr. - June 2020 Median Sales PriceApr. - June 2019 Median Sales Price% change (Median Sales Price)
Eureka Center15-80%$550,000$365,00050.7%
Lilydale440%$409,250$283,50044.4%
Nininger110%$387,500$465,000-16.7%
Northfield141127.3%$369,950$330,00012.1%
Mendota Heights2761-55.7%$330,000$397,500-17%
Eagan179335-46.6%$323,523$297,9008.6%
Rosemount71147-51.7%$320,000$275,00016.4%
Lakeville168280-40%$319,950$310,5003%
Empire911-18.2%$305,000$357,000-14.6%
Farmington96163-41.1%$296,125$260,00013.9%
Burnsville168268-37.3%$294,500$261,50012.6%

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