In December 2020, there were two homes sold, with a median sale price of $227,000 - a 28.2% decrease over the $316,000 median sale price for the same period of the previous year. There were four homes sold in Elko New Market in December 2019.
The median sales tax in Elko New Market for the most recent year with available data, 2019, was $3,841, approximately 1.7% of the median home sale price for December 2020.
The following table compares Elko New Market to other Scott County cities in December 2020:
| City | Dec. 2020 Home Sales | Dec. 2019 Home Sales | % change (Total Home Sales) | Dec. 2020 Median Sales Price | Dec. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| New Prague | 2 | 8 | -75% | $457,661 | $197,400 | 131.8% |
| Prior Lake | 26 | 34 | -23.5% | $413,836.50 | $268,000 | 54.4% |
| Jordan | 4 | 6 | -33.3% | $342,450 | $252,250 | 35.8% |
| Savage | 24 | 31 | -22.6% | $337,500 | $270,000 | 25% |
| Shakopee | 19 | 39 | -51.3% | $252,000 | $244,900 | 2.9% |
| Belle Plaine | 4 | 7 | -42.9% | $235,000 | $234,000 | 0.4% |
| Elko New Market | 2 | 4 | -50% | $227,000 | $316,000 | -28.2% |
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