From January through March of 2019, there were 107 homes sold, with a median sale price of $235,290 - a 6.5% decrease over the $251,575 median sale price for the same period of the previous year. There were 110 homes sold in Shakopee in the first quarter of 2018.
The median sales tax in Shakopee for 2019 was $3,086. In 2018, the median sales tax was $3,012. This marks an increase of 2.5%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.3%.
The following table compares Shakopee to other Scott County cities in the first quarter of 2019:
| City | Jan. - Mar. 2019 Home Sales | Jan. - Mar. 2018 Home Sales | % change (Total Home Sales) | Jan. - Mar. 2019 Median Sales Price | Jan. - Mar. 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Elko New Market | 17 | 16 | 6.3% | $303,500 | $322,500 | -5.9% |
| Prior Lake | 77 | 100 | -23% | $300,500 | $293,500 | 2.4% |
| Savage | 72 | 71 | 1.4% | $287,000 | $273,000 | 5.1% |
| Belle Plaine | 28 | 19 | 47.4% | $248,000 | $242,000 | 2.5% |
| New Prague | 23 | 18 | 27.8% | $237,500 | $162,500 | 46.2% |
| Shakopee | 107 | 110 | -2.7% | $235,290 | $251,575 | -6.5% |
| Jordan | 23 | 18 | 27.8% | $228,000 | $263,149.50 | -13.4% |
Alerts Sign-up