Castle Rock home prices fall in the third quarter of 2020

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The median sale price of a home sold in the third quarter of 2020 in Castle Rock fell by $66,000 while total sales increased by 33.3%, according to

From July through September of 2020, there were four homes sold, with a median sale price of $244,000 - a 21.3% decrease over the $310,000 median sale price for the same period of the previous year. There were three homes sold in Castle Rock in the third quarter of 2019.

The median sales tax in Castle Rock for the most recent year with available data, 2019, was $2,955, approximately 1.2% of the median home sale price for the third quarter of 2020.

The following table compares Castle Rock to other Dakota 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)
Inver Grove Heights89144-38.2%$265,000$262,7500.9%
Apple Valley166320-48.1%$259,000$280,000-7.5%
West St. Paul4583-45.8%$250,000$239,6504.3%
Castle Rock4333.3%$244,000$310,000-21.3%
South St. Paul67107-37.4%$240,000$228,0015.3%

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