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Minnesota State Wire

Wednesday, November 6, 2024

Pricing for the median home in Savage decreased during September 2021

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The median sale price of a home sold in September 2021 in Savage fell by $800 while total sales decreased by 3.4%, according to BlockShopper.com.

In September 2021, there were 28 homes sold, with a median sale price of $349,200 - a 0.2% decrease over the $350,000 median sale price for the same period of the previous year. There were 29 homes sold in Savage in September 2020.

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 September 2021.

The following table compares Savage 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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