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Minnesota State Wire

Saturday, September 21, 2024

Jordan home prices rise in July 2019

Realestate077

The median sale price of a home sold in July 2019 in Jordan rose by $27,900 while total sales increased by 36.4%, according to BlockShopper.com.

In July 2019, there were 15 homes sold, with a median sale price of $289,900 - a 10.6% increase over the $262,000 median sale price for the same period of the previous year. There were 11 homes sold in Jordan in July 2018.

The median sales tax in Jordan for 2019 was $3,620. In 2018, the median sales tax was $3,428. This marks an increase of 5.6%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.2%.

The following table compares Jordan to other Scott County cities in July 2019:

CityJuly 2019 Home SalesJuly 2018 Home Sales% change (Total Home Sales)July 2019 Median Sales PriceJuly 2018 Median Sales Price% change (Median Sales Price)
Prior Lake554327.9%$350,000$299,90016.7%
Elko New Market10666.7%$292,000$272,4617.2%
Savage704555.6%$290,000$297,300-2.5%
Jordan151136.4%$289,900$262,00010.6%
New Prague13785.7%$280,000$190,00047.4%
Shakopee836331.7%$260,500$236,80010%
Belle Plaine181428.6%$249,400$221,50012.6%

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