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Friday, November 22, 2024

Savage home prices rise in April 2020

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The median sale price of a home sold in April 2020 in Savage rose by $43,759 while total sales decreased by 36.6%, according to BlockShopper.com.

In April 2020, there were 26 homes sold, with a median sale price of $328,759 - a 15.4% increase over the $285,000 median sale price for the same period of the previous year. There were 41 homes sold in Savage in April 2019.

The median sales tax in Savage for the most recent year with available data, 2019, was $3,760, approximately 1.1% of the median home sale price for April 2020.

The following table compares Savage 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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