From October through December of 2021, there were 126 homes sold, with a median sale price of $363,000 - a 6.8% increase over the $340,000 median sale price for the same period of the previous year. There were 100 homes sold in Savage in the fourth quarter of 2020.
The median sales tax in Savage for the most recent year with available data, 2019, was $3,760, approximately 1% of the median home sale price for the fourth quarter of 2021.
The following table compares Savage to other Scott County cities in the fourth quarter of 2021:
| City | Oct. - Dec. 2021 Home Sales | Oct. - Dec. 2020 Home Sales | % change (Total Home Sales) | Oct. - Dec. 2021 Median Sales Price | Oct. - Dec. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Elko New Market | 19 | 17 | 11.8% | $396,600 | $355,000 | 11.7% |
| Prior Lake | 110 | 115 | -4.3% | $369,000 | $394,900 | -6.6% |
| Savage | 126 | 100 | 26% | $363,000 | $340,000 | 6.8% |
| Jordan | 23 | 21 | 9.5% | $330,000 | $315,000 | 4.8% |
| Belle Plaine | 34 | 16 | 112.5% | $298,500 | $250,250 | 19.3% |
| Shakopee | 161 | 141 | 14.2% | $290,000 | $257,000 | 12.8% |
| New Prague | 17 | 12 | 41.7% | $270,000 | $301,500 | -10.4% |
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