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Shakopee

Why you'd want to live in Shakopee

Living in Shakopee, Minnesota is appealing for those who want a growing, well-connected community that balances suburban comfort with access to employment, recreation, and nature. Located in Scott County just southwest of the Twin Cities, Shakopee offers convenient commuting options while maintaining its own strong identity anchored by a revitalized downtown, local restaurants, and community events along the Minnesota River. The city is home to major employers across technology, manufacturing, and service industries, which supports a stable local economy and keeps many residents close to where they work. Shakopee also stands out for its abundant parks, trails, and recreational amenities, as well as popular attractions like Valleyfair, Canterbury Park, and Mdewakanton Sioux community enterprises that add entertainment and cultural variety. With a wide range of housing options, respected schools, steady infrastructure investment, and a thoughtful blend of new development and natural landscapes, Shakopee offers a flexible and engaging lifestyle that appeals to families, professionals, and anyone looking for opportunity without the pace of a large urban center.

Shakopee Market Report

$647,766

AVERAGE PRICE OF 279 HOMES

$4,422,575

AVERAGE PRICE OF 12 MULTI-MILLION DOLLAR HOMES

$584,862

AVERAGE PRICE OF 130 NEWLY BUILT HOMES

$676,733

AVERAGE PRICE OF 9 HOMES WITH A POOL

$498,207

AVERAGE PRICE OF 16 REDUCED PRICE HOMES

Average Home

Average Price $647,766
Avg Bedrooms 3.39 beds
Avg Bathrooms 2.75 baths

Average Price by Bedrooms

2 bedrooms $293,155
3 bedrooms $403,306
4 bedrooms $564,101
5 bedrooms $667,396
Shakopee Home Price Trends
  4/2026 3/2026 2/2026 1/2026 12/2025
Total Listings 259 234 226 213 236
Average Price $671,739 $687,376 $707,663 $705,454 $630,641
Avg Price Change -2.33% -2.95% +0.31% +11.86% +0.13%
Median Price $512,333 $518,824 $522,089 $521,298 $512,291
Med Price Change -1.27% -0.63% +0.15% +1.76% +0.07%
Avg Bedrooms 3.42 beds 3.43 beds 3.45 beds 3.43 beds 3.43 beds
Avg Bathrooms 2.8 baths 2.82 baths 2.85 baths 2.85 baths 2.82 baths
Total Homes Average Price Avg Days on Site
All Homes 279 $647,766 70 days
Multi-Million Dollar Homes 12 $4,422,575 162 days
Newly Built Homes 130 $584,862 90 days
Homes with a Pool 9 $676,733 32 days
Reduced Price Homes 16 $498,207 46 days
Patty Zuzek Mn, Wi Broker
801 Cliff Rd E # 135
Burnsville, MN 55337
952-985-7253

Based on information submitted to the MLS GRID as of May 10, 2026 10 PM. All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.
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