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Minnesota State Wire

Friday, September 12, 2025

What happened to the median home price in Savage during December 2020?

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The median sale price of a home sold in December 2020 in Savage rose by $67,500 while total sales decreased by 22.6%, according to BlockShopper.com.

In December 2020, there were 24 homes sold, with a median sale price of $337,500 - a 25% increase over the $270,000 median sale price for the same period of the previous year. There were 31 homes sold in Savage in December 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 December 2020.

The following table compares Savage to other Scott County cities in December 2020:

CityDec. 2020 Home SalesDec. 2019 Home Sales% change (Total Home Sales)Dec. 2020 Median Sales PriceDec. 2019 Median Sales Price% change (Median Sales Price)
New Prague28-75%$457,661$197,400131.8%
Prior Lake2634-23.5%$413,836.50$268,00054.4%
Jordan46-33.3%$342,450$252,25035.8%
Savage2431-22.6%$337,500$270,00025%
Shakopee1939-51.3%$252,000$244,9002.9%
Belle Plaine47-42.9%$235,000$234,0000.4%
Elko New Market24-50%$227,000$316,000-28.2%

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