Dayton home prices fall in the third quarter of 2020

Medium realestate077

The median sale price of a home sold in the third quarter of 2020 in Dayton fell by $100,000 while total sales decreased by 20%, according to BlockShopper.com.

From July through September of 2020, there were 16 homes sold, with a median sale price of $321,000 - a 23.8% decrease over the $421,000 median sale price for the same period of the previous year. There were 20 homes sold in Dayton in the third quarter of 2019.

The median sales tax in Dayton for the most recent year with available data, 2019, was $4,498, approximately 1.4% of the median home sale price for the third quarter of 2020.

The following table compares Dayton to other Hennepin County cities with similar median sales prices in the third quarter of 2020:

CityJuly - Sept. 2020 Home SalesJuly - Sept. 2019 Home Sales% change (Total Home Sales)July - Sept. 2020 Median Sales PriceJuly - Sept. 2019 Median Sales Price% change (Median Sales Price)
Maple Grove201366-45.1%$370,000$341,7508.3%
St. Louis Park130208-37.5%$365,000$314,50016.1%
Rogers2659-55.9%$357,500$335,0006.7%
St. Anthony1521-28.6%$330,000$380,000-13.2%
Bloomington180359-49.9%$323,500$293,20010.3%
Dayton1620-20%$321,000$421,000-23.8%
Hopkins2967-56.7%$321,000$280,00014.6%
Mound4071-43.7%$319,900$251,00027.5%
Minneapolis8881,579-43.8%$315,000$281,75011.8%
Long Lake312-75%$314,900$284,25010.8%
Maple Plain59-44.4%$308,000$270,00014.1%

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