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Minnesota State Wire

Friday, September 12, 2025

Savage home prices rise in the second quarter of 2020

Webp re 11

The median sale price of a home sold in the second quarter of 2020 in Savage rose by $2,500 while total sales decreased by 48.3%, according to BlockShopper.com.

From April through June of 2020, there were 93 homes sold, with a median sale price of $309,500 - a 0.8% increase over the $307,000 median sale price for the same period of the previous year. There were 180 homes sold in Savage in the second quarter of 2019.

The median sales tax in Savage for the most recent year with available data, 2019, was $3,760, approximately 1.2% of the median home sale price for the second quarter of 2020.

The following table compares Savage to other Scott County cities in the second quarter of 2020:

CityApr. - June 2020 Home SalesApr. - June 2019 Home Sales% change (Total Home Sales)Apr. - June 2020 Median Sales PriceApr. - June 2019 Median Sales Price% change (Median Sales Price)
Prior Lake95166-42.8%$350,000$344,2501.7%
Elko New Market1830-40%$340,100$330,0003.1%
Savage93180-48.3%$309,500$307,0000.8%
Jordan2644-40.9%$284,000$287,450-1.2%
Shakopee107221-51.6%$280,000$257,1008.9%
Belle Plaine2944-34.1%$254,500$258,000-1.4%
New Prague1530-50%$253,000$239,9505.4%

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