Apple Valley median home prices fell by 3.4% in May 2021

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The median sale price of a home sold in May 2021 in Apple Valley fell by $9,750 while total sales decreased by 48.6%, according to BlockShopper.com.

In May 2021, there were 36 homes sold, with a median sale price of $276,000 - a 3.4% decrease over the $285,750 median sale price for the same period of the previous year. There were 70 homes sold in Apple Valley in May 2020.

The median sales tax in Apple Valley for the most recent year with available data, 2020, was $3,186, approximately 1.2% of the median home sale price for May 2021.

The following table compares Apple Valley to other Dakota County cities with similar median sale prices in May 2021:

CityMay 2021 Home SalesMay 2020 Home Sales% change (Total Home Sales)May 2021 Median Sales PriceMay 2020 Median Sales Price% change (Median Sales Price)
Lakeville4765-27.7%$359,000$318,00012.9%
Eagan6568-4.4%$350,000$313,50011.6%
Burnsville4157-28.1%$350,000$295,00018.6%
Farmington1840-55%$315,000$295,5006.6%
Hampton20-$313,250$0-
Apple Valley3670-48.6%$276,000$285,750-3.4%
South St. Paul1319-31.6%$275,000$225,00022.2%
Inver Grove Heights29290%$270,000$242,50011.3%
Hastings2631-16.1%$270,000$279,000-3.2%
West St. Paul1213-7.7%$263,450$265,000-0.6%
Empire220%$220,000$410,000-46.3%

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