The median sale price of a home sold in the second quarter of 2022 in Randolph rose by $232,500 while total sales decreased by 50 percent, according to BlockShopper.com.
From April through June, there were two homes sold, with a median sale price of $446,800 – a 108.5 percent increase over the $214,300 median sale price for the same period of the previous year. There were four homes sold in Randolph in the second quarter of 2021.
The median sales tax in Randolph for the most recent year with available data, 2020, was $2,246, approximately 0.5 percent of the median home sale price for the second quarter of 2022.
The following table compares Randolph to other Dakota County cities with similar median sale prices in the second quarter of 2022:
| City | April – June 2022 Home Sales | April – June 2021 Home Sales | % change (Total Home Sales) | April – June 2022 Median Sales Price | April – June 2021 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Vermillion | 3 | 2 | 50 | $570,123 | $464,500 | 22.7 |
| Castle Rock | 1 | 3 | -66.7 | $555,000 | $260,000 | 113.5 |
| Eureka Center | 1 | 1 | 0 | $503,900 | $75,000 | 571.9 |
| Lilydale | 2 | 3 | -33.3 | $500,000 | $250,000 | 100 |
| Empire | 10 | 17 | -41.2 | $492,500 | $285,000 | 72.8 |
| Randolph | 2 | 4 | -50 | $446,800 | $214,300 | 108.5 |
| Mendota Heights | 38 | 47 | -19.1 | $442,500 | $445,000 | -0.6 |
| Northfield | 9 | 7 | 28.6 | $425,000 | $280,000 | 51.8 |
| Lakeville | 254 | 314 | -19.1 | $405,000 | $373,000 | 8.6 |
| Hampton | 8 | 5 | 60 | $385,000 | $306,500 | 25.6 |
| Burnsville | 215 | 249 | -13.7 | $375,000 | $330,000 | 13.6 |
