In May 2020, there were 28 homes sold, with a median sale price of $300,000 - a 3.2% decrease over the $309,900 median sale price for the same period of the previous year. There were 67 homes sold in Savage in May 2019.
The median sales tax in Savage for the most recent year with available data, 2019, was $3,760, approximately 1.3% of the median home sale price for May 2020.
The following table compares Savage to other Scott County cities in May 2020:
| City | May 2020 Home Sales | May 2019 Home Sales | % change (Total Home Sales) | May 2020 Median Sales Price | May 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Prior Lake | 17 | 65 | -73.8% | $360,000 | $373,500 | -3.6% |
| Elko New Market | 8 | 10 | -20% | $349,100 | $315,000 | 10.8% |
| Shakopee | 30 | 80 | -62.5% | $307,500 | $250,000 | 23% |
| Savage | 28 | 67 | -58.2% | $300,000 | $309,900 | -3.2% |
| New Prague | 2 | 10 | -80% | $292,500 | $217,500 | 34.5% |
| Jordan | 8 | 12 | -33.3% | $282,000 | $293,500 | -3.9% |
| Belle Plaine | 9 | 16 | -43.8% | $262,650 | $252,450 | 4% |
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