Shakopee, MN Housing Market & Real Estate

Balanced market+20.1% YoY

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?

Balanced market3.0 months of supply42 avg. days on 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

Current housing market statistics for Shakopee, MN
MetricValue
Median sale price$471,850
Median list price$449,900
Year-over-year price change+20.1%
Average days on market42 days
Active inventory101 listings
Months of supply3.0 months
Sale-to-list price ratio99.2%
Market conditionBalanced 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

Price drops:33.7%of listings
Sale-to-list:99.2%

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

Public

Shakopee West Middle School

Grades 6-8 · 898 students

Public

Shakopee East Middle School

Grades 6-8 · 798 students

Public

JACKSON ELEMENTARY

Grades K-5 · 701 students

Public

EAGLE CREEK ELEMENTARY SCHOOL

Grades K-5 · 630 students

Public

SWEENEY ELEMENTARY

Grades K-5 · 624 students

Public

SUN PATH ELEMENTARY

Grades K-5 · 512 students

Public

RED OAK ELEMENTARY

Grades PK-5 · 455 students

Public

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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