In January 2021, there were three homes sold, with a median sale price of $306,500 - a 11.6% increase over the $274,550 median sale price for the same period of the previous year. There were six homes sold in Elko New Market in January 2020.
The median sales tax in Elko New Market for the most recent year with available data, 2019, was $3,841, approximately 1.3% of the median home sale price for January 2021.
The following table compares Elko New Market to other Scott County cities in January 2021:
| City | Jan. 2021 Home Sales | Jan. 2020 Home Sales | % change (Total Home Sales) | Jan. 2021 Median Sales Price | Jan. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| New Prague | 2 | 4 | -50% | $339,000 | $191,288 | 77.2% |
| Prior Lake | 18 | 32 | -43.8% | $323,700 | $339,924.50 | -4.8% |
| Elko New Market | 3 | 6 | -50% | $306,500 | $274,550 | 11.6% |
| Savage | 11 | 34 | -67.6% | $295,000 | $286,450 | 3% |
| Belle Plaine | 7 | 7 | 0% | $278,000 | $195,000 | 42.6% |
| Shakopee | 23 | 37 | -37.8% | $250,000 | $295,000 | -15.3% |
| Jordan | 3 | 6 | -50% | $224,900 | $320,000 | -29.7% |
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