Shakopee, MN housing market
The typical Shakopee home is worth about $405,000, up 1.1% in a year, 15% above the Minnesota typical home. Homes typically sell in 27 days, close to asking.
Home values, sales, trends and how Shakopee compares with the towns next door — updated as new data is published.
Shakopee at a glance
A seller's market
Supply is tight — about 2.2 months of homes for sale at the current pace. Buyers should expect competition on well-priced homes.
Typical home value, 2016–2026
Show as a table
| January | Shakopee | Minnesota |
|---|---|---|
| 2017 | $267,000 | $217,000 |
| 2018 | $280,000 | $232,000 |
| 2019 | $296,000 | $246,000 |
| 2020 | $310,000 | $259,000 |
| 2021 | $338,000 | $282,000 |
| 2022 | $380,000 | $313,000 |
| 2023 | $391,000 | $325,000 |
| 2024 | $392,000 | $331,000 |
| 2025 | $400,000 | $341,000 |
| 2026 | $404,000 | $349,000 |
| August 2026 | $405,000 | $351,000 |
Shakopee and its neighbors
| Town | Typical value | 1-yr change | Days on market | Median income |
|---|---|---|---|---|
| Shakopee | $405K | +1.1% | 27 | $107,223 |
| Eden Prairie | $502K | +2.7% | 18 | $130,489 |
| Prior Lake | $530K | +1.8% | 30 | $134,255 |
| Chanhassen | $562K | +2.7% | 20 | $143,651 |
| Savage | $428K | +1.4% | 21 | $125,513 |
3.8 years of income
The typical Shakopee home costs about 3.8 years of the town's median household income, about the same as across Minnesota (3.9).
How Shakopee ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.