The median sale price of a home sold in the third quarter of 2021 in Savage rose by $30,000 while total sales increased by 9.4%, according to BlockShopper.com.
From July through September of 2021, there were 139 homes sold, with a median sale price of $380,000 - a 8.6% increase over the $350,000 median sale price for the same period of the previous year. There were 127 homes sold in Savage in the third quarter of 2020.
The median sales tax in Savage for the most recent year with available data, 2019, was $3,760, approximately 1% of the median home sale price for the third quarter of 2021.
The following table compares Savage to other Scott County cities in the third quarter of 2021:
| City | July - Sept. 2021 Home Sales | July - Sept. 2020 Home Sales | % change (Total Home Sales) | July - Sept. 2021 Median Sales Price | July - Sept. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Elko New Market | 20 | 26 | -23.1% | $385,000 | $352,950 | 9.1% |
| Prior Lake | 156 | 140 | 11.4% | $385,000 | $360,000 | 6.9% |
| Savage | 139 | 127 | 9.4% | $380,000 | $350,000 | 8.6% |
| Jordan | 24 | 24 | 0% | $345,808 | $373,950 | -7.5% |
| New Prague | 18 | 24 | -25% | $335,000 | $277,450 | 20.7% |
| Shakopee | 183 | 176 | 4% | $316,000 | $280,000 | 12.9% |
| Belle Plaine | 35 | 32 | 9.4% | $300,000 | $267,500 | 12.1% |
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