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Minnesota State Wire

Wednesday, November 6, 2024

Home prices increased in Shakopee during January 2022

Realestate4

The median sale price of a home sold in January 2022 in Shakopee rose by $80,000 while total sales decreased by 34.8%, according to BlockShopper.com.

In January 2022, there were 15 homes sold, with a median sale price of $330,000 - a 32% increase over the $250,000 median sale price for the same period of the previous year. There were 23 homes sold in Shakopee in January 2021.

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 January 2022.

The following table compares Shakopee to other Scott County cities in January 2022:

CityJan. 2022 Home SalesJan. 2021 Home Sales% change (Total Home Sales)Jan. 2022 Median Sales PriceJan. 2021 Median Sales Price% change (Median Sales Price)
Prior Lake1220-40%$475,000$323,70046.7%
Jordan330%$450,000$224,900100.1%
Savage221283.3%$332,500$292,50013.7%
Shakopee1523-34.8%$330,000$250,00032%
Belle Plaine57-28.6%$320,000$278,00015.1%
Elko New Market24-50%$291,450$278,2504.7%
New Prague02-100%$0$339,000-100%

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