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Minnesota State Wire

Thursday, September 11, 2025

March 2021: Home prices in Savage fell

Webp re 14

The median sale price of a home sold in March 2021 in Savage fell by $7,000 while total sales decreased by 42.9%, according to BlockShopper.com.

In March 2021, there were 20 homes sold, with a median sale price of $318,000 - a 2.2% decrease over the $325,000 median sale price for the same period of the previous year. There were 35 homes sold in Savage in March 2020.

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 March 2021.

The following table compares Savage to other Scott County cities in March 2021:

CityMar. 2021 Home SalesMar. 2020 Home Sales% change (Total Home Sales)Mar. 2021 Median Sales PriceMar. 2020 Median Sales Price% change (Median Sales Price)
Elko New Market15-80%$357,100$319,00011.9%
Savage2035-42.9%$318,000$325,000-2.2%
Shakopee37348.8%$305,000$260,50017.1%
Prior Lake1829-37.9%$299,300$352,000-15%
Jordan67-14.3%$265,750$278,240-4.5%
Belle Plaine78-12.5%$265,000$217,83521.7%
New Prague48-50%$211,500$274,000-22.8%

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