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Minnesota State Wire

Wednesday, November 6, 2024

How did home prices perform in Shakopee during August 2021?

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The median sale price of a home sold in August 2021 in Shakopee fell by $500 while total sales decreased by 1.8%, according to BlockShopper.com.

In August 2021, there were 55 homes sold, with a median sale price of $289,000 - a 0.2% decrease over the $289,500 median sale price for the same period of the previous year. There were 56 homes sold in Shakopee in August 2020.

The median sales tax in Shakopee for the most recent year with available data, 2019, was $3,086, approximately 1.1% of the median home sale price for August 2021.

The following table compares Shakopee to other Scott County cities in August 2021:

CityAug. 2021 Home SalesAug. 2020 Home Sales% change (Total Home Sales)Aug. 2021 Median Sales PriceAug. 2020 Median Sales Price% change (Median Sales Price)
Prior Lake4347-8.5%$419,900$345,00021.7%
Savage4353-18.9%$360,000$390,000-7.7%
Elko New Market26-66.7%$321,200$379,000-15.3%
New Prague89-11.1%$300,100$280,0007.2%
Belle Plaine12771.4%$300,000$282,0006.4%
Jordan45-20%$299,200$300,000-0.3%
Shakopee5556-1.8%$289,000$289,500-0.2%

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