Scott County, MN Home Values & Market Trends

The median home price in Scott County, MN is $432,420.04. There were 2,189 home sales in Scott County, MN over the past 12 months. The median residential Scott County, MN home value for transactions over the previous year is $384,015.349. The number of current listings in Scott County, MN is 208, and the percentage of properties for sale is 208.00%. The county has 54 foreclosures, 7 bank owned properties, 47 headed for auction, and 208 properties for sale.

Scott County, MN Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Prior Lake

$ 539,900

$ 201/sqft

Elko New Market

$ 524,944

$ 190/sqft

Shakopee

$ 361,210

$ 191/sqft

Belle Plaine

$ 348,363

$ 206/sqft

Savage

$ 403,104

$ 187/sqft

Jordan

$ 444,900

$ 169/sqft

New Prague

$ 341,091

$ 170/sqft

Housing Market Summary for Scott County, MN

Apr 2023March 2024Change
Median Listing Price$475K$423K-10.95%
Median Sold Price$396.9K$423K6.58%
Homes For Sale208193-7.21%
Homes Sold1,1941,40317.50%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Scott County, MN

Scott County, MN home values range from $23,269 to $7,123,525. Prior Lake is the priciest city with a median listing home price of $539,900, and Belle Plaine is most affordable with average house prices of around $349,945.

Foreclosure
There are 7 cities within Scott County, MN; within these cities, the median estimated home value for homes in foreclosure ranges from $532,886 in Prior Lake to the lowest value of $154,833 in Prior Lake. Foreclosure homes account for 0.00% of properties in Scott County, MN with Shakopee containing 24 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Scott County, MN with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 7 cities within Scott County, MN; of those cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Scott County, MN ranges from the highest value of $434,504 in Jordan to the lowest value of $258,956 in Shakopee. Bank owned homes and properties account for 0.01% of properties in Scott County, MN. There are 7 cities within Scott County, MN; Shakopee containing 3 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Shakopee has 21 auction properties, the highest number of properties going to auction in a single city in the state of Scott County, MN. Auction homes and other auction properties account for 0.09% of all properties in Scott County, MN. There are 7 cities within Scott County, MN; of those cities, the median estimated home value for homes going to auction ranges from $569,714 in Elko New Market to the lowest value of $154,833 in Elko New Market.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.42% of residential properties in Scott County, MN with Prior Lake containing 61 homes for sale, the highest number of listed properties in a single city. There are 7 cities within Scott County, MN; homes for sale in those cities, have a range of median values from $1,933,465 in Elko New Market to the lowest value of $134,300 in Prior Lake.
    Sold Homes
    The median value for recently sold homes ranges from $834,857 in Savage to the lowest price of $75,330 in Savage. There are 7 cities within Scott County, MN. Shakopee has 434 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.97% of properties in Scott County, MN.

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      Guide for Scott County, MN

      Market Reports
      Saint Paul Real Estate Market Shows Steady Growth Through 2023-2024
      Market Reports
      Minneapolis’ Real Estate Market Faces Value Dip, February 2024
      Investment Financing
      A Guide to Foreclosure Financing and Refinancing
      Market Reports
      Property Values and Sales on the Rise in Savannah, Georgia – April 2024
      See More Articles
      Saint Paul Real Estate Market Shows Steady Growth Through 2023-2024
      Market Reports|posted 26 March 2024

      Overview of the real estate trends in Saint Paul over the past year, analyzing various aspects like sale prices, property values, market activity, and market dynamics on a monthly basis, discussing influences such as economic conditions, interest rates, seasonal changes, and local employment levels.

      Minneapolis’ Real Estate Market Faces Value Dip, February 2024
      Market Reports|posted 14 March 2024

      The article provides a comprehensive analysis of real estate market trends in Minneapolis and its surrounding cities, highlighting various shifts in property values and sales. The observations reflect a diverse and dynamic market catering to varying buyer preferences and budgets.

      A Guide to Foreclosure Financing and Refinancing
      Investment Financing|posted 17 April 2024

      Information on foreclosure financing, refinancing, and foreclosure mortgages.

      Property Values and Sales on the Rise in Savannah, Georgia – April 2024
      Market Reports|posted 17 April 2024

      Market report of Savannah, GA, a real estate market that has shown consistent growth, with the average property value reaching nearly $400,000.