Belle Plaine home prices rise in May 2017

Belle Plaine home prices rise in May 2017
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The median sale price of a home sold in May 2017 in Belle Plaine rose by $19,000 while total sales increased by 20%, according to BlockShopper.com.

In May 2017, there were 24 homes sold, with a median sale price of $211,500 – a 9.9% increase over the $192,500 median sale price for the same period of the previous year. There were 20 homes sold in Belle Plaine in May 2016.

The median sales tax in Belle Plaine for 2017 was $2,883. In 2016, the median sales tax was $2,817. This marks an increase of 2.3%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.4%.

The following table compares Belle Plaine to other Scott County cities in May 2017:

City May 2017 Home Sales May 2016 Home Sales % change (Total Home Sales) May 2017 Median Sales Price May 2016 Median Sales Price % change (Median Sales Price)
Savage 62 63 -1.6% $289,500 $255,000 13.5%
Prior Lake 73 86 -15.1% $284,500 $271,250 4.9%
Elko New Market 12 6 100% $253,000 $312,855 -19.1%
New Prague 15 13 15.4% $234,688 $192,500 21.9%
Shakopee 79 84 -6% $227,500 $237,500 -4.2%
Belle Plaine 24 20 20% $211,500 $192,500 9.9%
Jordan 6 19 -68.4% $184,400 $260,000 -29.1%


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