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Hawkeye Reporter

Tuesday, November 26, 2024

What happened to the median home price in Minburn during the fourth quarter of 2020?

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The median sale price of a home sold in the fourth quarter of 2020 in Minburn rose by $33,767 while total sales increased by 150%, according to BlockShopper.com.

From October through December of 2020, there were five homes sold, with a median sale price of $130,000 - a 35.1% increase over the $96,233 median sale price for the same period of the previous year. There were two homes sold in Minburn in the fourth quarter of 2019.

The median sales tax in Minburn for the most recent year with available data, 2017, was $1,905, approximately 1.5% of the median home sale price for the fourth quarter of 2020.

The following table compares Minburn to other Dallas County cities with similar median sale prices in the fourth quarter of 2020:

CityOct. - Dec. 2020 Home SalesOct. - Dec. 2019 Home Sales% change (Total Home Sales)Oct. - Dec. 2020 Median Sales PriceOct. - Dec. 2019 Median Sales Price% change (Median Sales Price)
Waukee108109-0.9%$282,225$268,0005.3%
Adel282321.7%$276,000$162,00070.4%
Granger113266.7%$269,900$200,00035%
De Soto36-50%$235,000$199,90017.6%
Van Meter9728.6%$209,000$269,000-22.3%
Dallas Center146133.3%$175,000$159,4509.8%
Dexter51400%$145,000$80,00081.3%
Woodward5366.7%$145,000$162,507-10.8%
Redfield770%$141,000$45,000213.3%
Minburn52150%$130,000$96,233.2335.1%
Perry28280%$111,750$94,00018.9%

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