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Minnesota State Wire

Friday, November 22, 2024

Shakopee home prices rise in April 2020

Realestate1

The median sale price of a home sold in April 2020 in Shakopee rose by $37,000 while total sales decreased by 53.7%, according to BlockShopper.com.

In April 2020, there were 31 homes sold, with a median sale price of $272,000 - a 15.7% increase over the $235,000 median sale price for the same period of the previous year. There were 67 homes sold in Shakopee in April 2019.

The median sales tax in Shakopee for the most recent year with available data, 2019, was $3,086, approximately 1.1% of the median home sale price for April 2020.

The following table compares Shakopee to other Scott County cities in April 2020:

CityApr. 2020 Home SalesApr. 2019 Home Sales% change (Total Home Sales)Apr. 2020 Median Sales PriceApr. 2019 Median Sales Price% change (Median Sales Price)
Jordan916-43.8%$345,000$273,50026.1%
Elko New Market27-71.4%$334,000$333,5000.1%
Savage2641-36.6%$328,759$285,00015.4%
Prior Lake2737-27%$324,900$295,8009.8%
Shakopee3167-53.7%$272,000$235,00015.7%
New Prague47-42.9%$267,750$249,9007.1%
Belle Plaine813-38.5%$255,500$260,000-1.7%

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