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Minnesota State Wire

Wednesday, November 6, 2024

How did home prices perform in Shakopee during September 2021?

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The median sale price of a home sold in September 2021 in Shakopee rose by $51,284 while total sales decreased by 27.6%, according to BlockShopper.com.

In September 2021, there were 42 homes sold, with a median sale price of $327,534 - a 18.6% increase over the $276,250 median sale price for the same period of the previous year. There were 58 homes sold in Shakopee in September 2020.

The median sales tax in Shakopee for the most recent year with available data, 2019, was $3,086, approximately 0.9% of the median home sale price for September 2021.

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

CitySept. 2021 Home SalesSept. 2020 Home Sales% change (Total Home Sales)Sept. 2021 Median Sales PriceSept. 2020 Median Sales Price% change (Median Sales Price)
Prior Lake3448-29.2%$397,500$369,5007.6%
New Prague45-20%$373,110.50$232,00060.8%
Elko New Market660%$359,250$362,000-0.8%
Savage2829-3.4%$349,200$350,000-0.2%
Shakopee4258-27.6%$327,533.65$276,25018.6%
Jordan9728.6%$322,000$250,00028.8%
Belle Plaine611-45.5%$263,500$253,5003.9%

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