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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

$603,734

AVERAGE PRICE OF 312 HOMES

$327,160

AVERAGE PRICE OF 5 DISTRESSED HOMES

$3,311,370

AVERAGE PRICE OF 15 MULTI-MILLION DOLLAR HOMES

$581,807

AVERAGE PRICE OF 131 NEWLY BUILT HOMES

$643,569

AVERAGE PRICE OF 13 HOMES WITH A POOL

$512,930

AVERAGE PRICE OF 25 REDUCED PRICE HOMES

Average Home

Average Price $603,734
Avg Bedrooms 3.53 beds
Avg Bathrooms 2.82 baths

Average Price by Bedrooms

2 bedrooms $265,131
3 bedrooms $378,554
4 bedrooms $525,702
5 bedrooms $677,943
Shakopee Home Price Trends
  8/2026 7/2026 6/2026 5/2026 4/2026
Total Listings 300 299 n/a n/a 259
Average Price $616,977 $653,186 n/a n/a $671,739
Avg Price Change -5.87% n/a n/a n/a -2.33%
Median Price $496,751 $504,125 n/a n/a $512,333
Med Price Change -1.48% n/a n/a n/a -1.27%
Avg Bedrooms 3.54 beds 3.57 beds n/a n/a 3.42 beds
Avg Bathrooms 2.83 baths 2.83 baths n/a n/a 2.8 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 312 $603,734 73 days
Distressed Homes 5 $327,160 89 days
Multi-Million Dollar Homes 15 $3,311,370 212 days
Newly Built Homes 131 $581,807 86 days
Homes with a Pool 13 $643,569 48 days
Reduced Price Homes 25 $512,930 45 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 September 13, 2026 6 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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