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Minnesota State Wire

Sunday, December 22, 2024

Median home prices in Jordan rose to $348,000 in the first quarter of 2022

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The median sale price of a home sold in the first quarter of 2022 in Jordan rose by $66,250 while total sales increased by 66.7%, according to BlockShopper.com.

From January through March of 2022, there were 20 homes sold, with a median sale price of $348,000 - a 23.5% increase over the $281,750 median sale price for the same period of the previous year. There were 12 homes sold in Jordan in the first quarter of 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 the first quarter of 2022.

The following table compares Jordan to other Scott County cities in the first quarter of 2022:

CityJan. - Mar. 2022 Home SalesJan. - Mar. 2021 Home Sales% change (Total Home Sales)Jan. - Mar. 2022 Median Sales PriceJan. - Mar. 2021 Median Sales Price% change (Median Sales Price)
Elko New Market1013-23.1%$397,500$342,00016.2%
Prior Lake62620%$382,500$328,70016.4%
Savage795154.9%$355,000$320,00010.9%
Jordan201266.7%$348,000$281,75023.5%
Belle Plaine242114.3%$323,500$265,00022.1%
Shakopee92893.4%$292,500$260,00012.5%
New Prague713-46.2%$280,000$323,000-13.3%

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