August 2021: Home prices in Apple Valley increased

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The median sale price of a home sold in August 2021 in Apple Valley rose by $85,000 while total sales increased by 3.6%, according to BlockShopper.com.

In August 2021, there were 57 homes sold, with a median sale price of $340,000 - a 33.3% increase over the $255,000 median sale price for the same period of the previous year. There were 55 homes sold in Apple Valley in August 2020.

The median sales tax in Apple Valley for the most recent year with available data, 2020, was $3,186, approximately 0.9% of the median home sale price for August 2021.

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

CityAug. 2021 Home SalesAug. 2020 Home Sales% change (Total Home Sales)Aug. 2021 Median Sales PriceAug. 2020 Median Sales Price% change (Median Sales Price)
Mendota Heights1013-23.1%$492,500$387,00027.3%
Lakeville796816.2%$375,000$335,70011.7%
Randolph12-50%$375,000$463,950-19.2%
Farmington37355.7%$365,000$300,00021.7%
Eagan796227.4%$355,000$330,1007.5%
Apple Valley57553.6%$340,000$255,00033.3%
Rosemount2630-13.3%$325,000$342,000-5%
Burnsville6577-15.6%$325,000$300,1008.3%
Hampton440%$323,000$277,75016.3%
Inver Grove Heights372454.2%$295,000$354,500-16.8%
Empire21100%$262,250$185,50041.4%

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