Housing in Shakopee, MN
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$375,000
Median List Price
$510,000
Price Per Sq Ft
$197
Days on Market
50
Active Inventory
88
Months of Supply
2.1
Seller's market
Zillow Home Value
$393,084
ZHVI — January 2026
Zillow Rent Index
$1,641
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
21.9%
Off Market in 2 Weeks
42.9%
Sale-to-List Ratio
98.3%
Buyer's market
Market Activity
Source: RedfinHomes Sold
41
New Listings
47
Pending Sales
28
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$197
Median List $/SF
$219
Shakopee vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 25,000 - 50,000 residents. Shakopee is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$361,400
Median Rent
$1,495
Total Housing Units
16,491
Vacancy Rate
2.4%
Owner Occupied
76.8%
Renter Occupied
23.2%
Median Property Tax
$3,810
per year
Monthly Cost (w/ Mortgage)
$1,893
Housing Types
The current median sale price in Shakopee, MN is $375,000 according to Redfin data. Homes spend a median of 50 days on the market. 21.9% of homes sold above asking price. The market has 2.1 months of supply. The median price per square foot is $197. Zillow's observed rent index is $1,641/month. About 76.8% of housing units are owner-occupied. The median year homes were built is 1998. There are 16,491 total housing units.