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Saturday, November 2, 2024

What happened to the median home price in Jordan during February 2022?

Realestate2

The median sale price of a home sold in February 2022 in Jordan rose by $45,000 while total sales increased by 33.3%, according to BlockShopper.com.

In February 2022, there were four homes sold, with a median sale price of $348,000 - a 14.9% increase over the $303,000 median sale price for the same period of the previous year. There were three homes sold in Jordan in February 2021.

The median sales tax in Jordan for the most recent year with available data, 2019, was $3,620, approximately 1% of the median home sale price for February 2022.

The following table compares Jordan to other Scott County cities in February 2022:

CityFeb. 2022 Home SalesFeb. 2021 Home Sales% change (Total Home Sales)Feb. 2022 Median Sales PriceFeb. 2021 Median Sales Price% change (Median Sales Price)
Elko New Market18-87.5%$416,100$344,50020.8%
Prior Lake1323-43.5%$387,000$376,5002.8%
Shakopee1723-26.1%$372,500$267,50039.3%
Savage161414.3%$352,150$317,50010.9%
Jordan4333.3%$348,000$303,00014.9%
Belle Plaine57-28.6%$324,500$240,00035.2%
New Prague06-100%$0$378,832.50-100%

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