April 2021: Savage experienced a 5.8% increase in median home prices

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The median sale price of a home sold in April 2021 in Savage rose by $18,500 while total sales decreased by 41.7%, according to BlockShopper.com.

In April 2021, there were 21 homes sold, with a median sale price of $335,000 - a 5.8% increase over the $316,500 median sale price for the same period of the previous year. There were 36 homes sold in Savage in April 2020.

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 April 2021.

The following table compares Savage to other Scott County cities in April 2021:

CityApr. 2021 Home SalesApr. 2020 Home Sales% change (Total Home Sales)Apr. 2021 Median Sales PriceApr. 2020 Median Sales Price% change (Median Sales Price)
Elko New Market57-28.6%$375,000$315,00019%
Prior Lake2941-29.3%$350,000$324,9007.7%
Savage2136-41.7%$335,000$316,5005.8%
Jordan412-66.7%$329,500$277,80018.6%
Belle Plaine810-20%$302,500$257,25017.6%
New Prague7616.7%$299,900$245,50022.2%
Shakopee3542-16.7%$271,770$270,9500.3%

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