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Adobe Stock
From July through December of 2021, there were 41 homes sold, with a median sale price of $396,600 - a 11.7% increase over the $355,000 median sale price for the same period of the previous year. There were 43 homes sold in Elko New Market in the second half of 2020.
The median sales tax in Elko New Market for the most recent year with available data, 2019, was $3,841, approximately 1% of the median home sale price for the second half of 2021.
The following table compares Elko New Market to other Scott County cities in the second half of 2021:
| City | July - Dec. 2021 Home Sales | July - Dec. 2020 Home Sales | % change (Total Home Sales) | July - Dec. 2021 Median Sales Price | July - Dec. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Elko New Market | 41 | 43 | -4.7% | $396,600 | $355,000 | 11.7% |
| Prior Lake | 289 | 255 | 13.3% | $384,494 | $365,000 | 5.3% |
| Savage | 288 | 227 | 26.9% | $366,500 | $340,000 | 7.8% |
| Jordan | 50 | 45 | 11.1% | $332,500 | $335,000 | -0.7% |
| New Prague | 38 | 36 | 5.6% | $328,000 | $279,950 | 17.2% |
| Shakopee | 375 | 317 | 18.3% | $302,600 | $265,900 | 13.8% |
| Belle Plaine | 72 | 48 | 50% | $298,500 | $262,500 | 13.7% |
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