Northfield home prices rise in October 2020

Medium re 14

The median sale price of a home sold in October 2020 in Northfield rose by $75,000 while total sales remained unchanged with five homes sold, according to BlockShopper.com.

In October 2020, there were five homes sold, with a median sale price of $300,000 - a 33.3% increase over the $225,000 median sale price for the same period of the previous year. There were five homes sold in Northfield in October 2019, as well.

The median sales tax in Northfield for the most recent year with available data, 2019, was $3,783, approximately 1.3% of the median home sale price for October 2020.

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

CityOct. 2020 Home SalesOct. 2019 Home Sales% change (Total Home Sales)Oct. 2020 Median Sales PriceOct. 2019 Median Sales Price% change (Median Sales Price)
Rosemount2930-3.3%$332,000$333,950-0.6%
Mendota Heights617-64.7%$329,500$356,985-7.7%
Eagan4081-50.6%$327,500$285,50014.7%
Farmington3234-5.9%$319,250$261,60022%
Apple Valley5569-20.3%$307,000$283,5008.3%
Northfield550%$300,000$225,00033.3%
Hastings2639-33.3%$297,450$230,00029.3%
Burnsville4576-40.8%$269,000$278,000-3.2%
Hampton51400%$265,000$10,0002550%
South St. Paul1730-43.3%$257,000$220,00016.8%
West St. Paul1117-35.3%$245,000$255,300-4%

Blockshopper green logo