Shakopee home prices rise in September 2020

Medium realestate077

The median sale price of a home sold in September 2020 in Shakopee rose by $21,500 while total sales decreased by 40.3%, according to BlockShopper.com.

In September 2020, there were 43 homes sold, with a median sale price of $275,000 - a 8.5% increase over the $253,500 median sale price for the same period of the previous year. There were 72 homes sold in Shakopee in September 2019.

The median sales tax in Shakopee for the most recent year with available data, 2019, was $3,086, approximately 1.1% of the median home sale price for September 2020.

The following table compares Shakopee to other Scott County cities in September 2020:

CitySept. 2020 Home SalesSept. 2019 Home Sales% change (Total Home Sales)Sept. 2020 Median Sales PriceSept. 2019 Median Sales Price% change (Median Sales Price)
Elko New Market68-25%$362,000$301,00020.3%
Prior Lake3455-38.2%$360,000$348,0003.4%
Savage2248-54.2%$337,450$293,95014.8%
Shakopee4372-40.3%$275,000$253,5008.5%
Belle Plaine1012-16.7%$251,750$230,0009.5%
Jordan6450%$236,500$263,675-10.3%
New Prague5366.7%$232,000$235,000-1.3%

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