Shakopee, MN Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Shakopee, MN is $471,850, up 20.1% year-over-year. Homes sell in an average of 42 days with 101 active listings. The market is currently a balanced market.
$471,850median sale price
Is Shakopee a buyer's or seller's market?
Shakopee, MN is currently a balanced market, based on 3.0 months of supply and homes selling in about 42 days. How we determine this →
Homes sold
34
Last 12 weeks
Days on market
42
Average pace
Active listings
101
3.0 months supply
Sale-to-list
99.2%
Below asking
Shakopee, MN market data
| Metric | Value |
|---|---|
| Median sale price | $471,850 |
| Median list price | $449,900 |
| Year-over-year price change | +20.1% |
| Average days on market | 42 days |
| Active inventory | 101 listings |
| Months of supply | 3.0 months |
| Sale-to-list price ratio | 99.2% |
| Market condition | Balanced market |
Source: Redfin · Updated weekly
The Shakopee housing market is currently classified as a balanced market with a median sale price of $471,850. Prices have risen 20.1% compared to last year, with homes spending an average of 42 days on market, indicating 3.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Shakopee
There are currently 101 homes listed for sale in Shakopee, Minnesota. The median listing price is $450K.
Active listings
101
Homes on market
Median list price
$450K
Avg. days on market
42
Days until sale
New this week
48
Newly listed
Top public schools in Shakopee
19 schools tracked · 7,968 students
The largest public schools serving Shakopee, MN by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Shakopee High School
Grades 9-12 · 2,813 students
Shakopee West Middle School
Grades 6-8 · 898 students
Shakopee East Middle School
Grades 6-8 · 798 students
JACKSON ELEMENTARY
Grades K-5 · 701 students
EAGLE CREEK ELEMENTARY SCHOOL
Grades K-5 · 630 students
SWEENEY ELEMENTARY
Grades K-5 · 624 students
SUN PATH ELEMENTARY
Grades K-5 · 512 students
RED OAK ELEMENTARY
Grades PK-5 · 455 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
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Frequently asked questions
What is the average home price in Shakopee?
The median home sale price in Shakopee is $471,850, up 20.1% from last year.
How long do homes stay on market in Shakopee?
Homes typically spend 42 days on market before going under contract.
Is Shakopee a buyer's or seller's market?
With 3.0 months of supply, Shakopee is currently a balanced market.
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