Savage home prices rise in September 2020

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The median sale price of a home sold in September 2020 in Savage rose by $43,500 while total sales decreased by 54.2%, according to

In September 2020, there were 22 homes sold, with a median sale price of $337,450 - a 14.8% increase over the $293,950 median sale price for the same period of the previous year. There were 48 homes sold in Savage in September 2019.

The median sales tax in Savage for the most recent year with available data, 2019, was $3,760, approximately 1.1% of the median home sale price for September 2020.

The following table compares Savage 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%
Belle Plaine1012-16.7%$251,750$230,0009.5%
New Prague5366.7%$232,000$235,000-1.3%

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