In January 2022, there were two homes sold, with a median sale price of $291,450 - a 4.7% increase over the $278,250 median sale price for the same period of the previous year. There were four homes sold in Elko New Market in January 2021.
The median sales tax in Elko New Market for the most recent year with available data, 2019, was $3,841, approximately 1.3% of the median home sale price for January 2022.
The following table compares Elko New Market to other Scott County cities in January 2022:
| City | Jan. 2022 Home Sales | Jan. 2021 Home Sales | % change (Total Home Sales) | Jan. 2022 Median Sales Price | Jan. 2021 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Prior Lake | 12 | 20 | -40% | $475,000 | $323,700 | 46.7% |
| Jordan | 3 | 3 | 0% | $450,000 | $224,900 | 100.1% |
| Savage | 22 | 12 | 83.3% | $332,500 | $292,500 | 13.7% |
| Shakopee | 15 | 23 | -34.8% | $330,000 | $250,000 | 32% |
| Belle Plaine | 5 | 7 | -28.6% | $320,000 | $278,000 | 15.1% |
| Elko New Market | 2 | 4 | -50% | $291,450 | $278,250 | 4.7% |
| New Prague | 0 | 2 | -100% | $0 | $339,000 | -100% |
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