Homes for Sale in Shakopee, MN
Shakopee is a fast-growing city on the Minnesota River, famous across the region as a premier entertainment destination. It is home to major attractions like Valleyfair, Canterbury Park, and the Minnesota Renaissance Festival. The city blends rich history with booming new construction, all served by the dedicated Shakopee public school district.
Why Live in Shakopee
Shakopee Market Snapshot
Monthly figures from the NorthstarMLS Local Market Update.
Median Sales Price
% of Original List Price Received
Days on Market
Closed Sales
Homes for Sale
Months Supply
Supply vs. Demand Trends
Shakopee Housing Market Today
Here is where the Shakopee market stood in September 2026. The median sale price has increased by 9% from last year to $411,250, and a similar trend in price per square foot suggests this is a real move in values rather than a change in the mix of homes selling. Homes are selling 16 days longer than last year, averaging 49 days on market, and sellers are receiving 97.1% of their original asking price. The area is currently a balanced market with 3.7 months of supply. Active inventory is up 15% from last year to 217 homes for sale.
In a balanced market, neither side has a steep advantage, making careful pricing for sellers and steady negotiation for buyers the key to success.
In Shakopee, homes were most commonly built in 2000-2009, about 75% of occupied homes are owner-occupied, and the average commute is 22 minutes. Roughly 58% of homes are single-family detached, and the median home was built in 1999.
Homeowners with a mortgage typically spend $2,251 a month on housing costs, higher than the Twin Cities metro and the median property tax bill is $3,700 a year.
Data: NorthstarMLS Local Market Update via 10K Research, published October 12, 2026.
Shakopee market questions
Is Shakopee a buyer's or seller's market?
Shakopee was a balanced market in September 2026, with 3.7 months of supply. Under about 3 months generally favors sellers, 3 to 6 months is considered balanced, and over 6 months favors buyers. There were 217 homes for sale.
How fast are homes selling in Shakopee?
Homes that sold in September 2026 spent an average of 49 days on market, 16 days slower than a year earlier. Sellers received 97.1% of their original list price on average.
Are home prices going up in Shakopee?
Yes. The median sale price rose 8.5% year over year to $411,250. Price per square foot moved in the same direction (from $189 to $201), which suggests a real change in values rather than a shift in the mix of homes sold.
Living in Shakopee
Housing, cost of ownership and commuting, compared with the Twin Cities metro.
In Shakopee, homes were most commonly built in 2000-2009, about 75% of occupied homes are owner-occupied, and the average commute is 22 minutes.
Data: ACS 2020-2024 5-year estimates
What does it cost to own a home in Shakopee?
Homeowners with a mortgage typically pay $2,251 a month in housing costs and the median property tax bill is $3,700 a year.
Median home value
$374,800
Similar to the Twin Cities metro
The midpoint of estimated values for owner-occupied homes.
Median property taxes paid
$3,700/yr
Lower than the Twin Cities metro
The midpoint of annual property taxes paid by homeowners.
Typical monthly owner costs (with mortgage)
$2,251/mo
Higher than the Twin Cities metro
Median monthly housing costs for owners with a mortgage.
Typical monthly owner costs (no mortgage)
$680/mo
Lower than the Twin Cities metro
Median monthly housing costs for owners without a mortgage.
Median rent
$1,531/mo
Higher than the Twin Cities metro
The midpoint of monthly gross rent, including utilities.
What are homes like in Shakopee?
About 75% of occupied homes are owner-occupied and the median home was built in 1999.
Owner-occupied homes
75%
Higher than Twin Cities metro overall
The share of occupied homes lived in by their owners.
Median year built
1999
Similar to the Twin Cities metro
The midpoint of years when homes in the area were built.
Home age by decade
The share of homes built during each period.
- 2020 or later4%
- 2010-201913%
- 2000-200931%
- 1990-199922%
- 1980-19899%
- 1970-197910%
- 1960-19694%
- 1950-19594%
- 1940-19491%
- 1939 or earlier3%
Types of homes
The share of housing units in each building type.
- Single-family detached58%
- Townhome / attached22%
- 2-4 units2%
- 5+ units16%
How do people get around in Shakopee?
The average one-way commute is 22 min and 96% of homes have broadband.
Average commute
22 min
Lower than the Twin Cities metro
The average one-way travel time to work for commuters.
How people get to work
The share of workers using each listed way to get to work.
- Drive alone71%
- Carpool7%
- Work from home18%
Homes with broadband
96%
Similar than Twin Cities metro overall
The share of households with a broadband internet subscription.
What's Nearby in Shakopee
OpenStreetMap lists 39 parks, 16 trails, 2 beaches and boat launches, 2 libraries, 13 schools, and 4 grocery stores within the Shakopee city boundary.
Parks
39
32 named
- Autumn Hill Park
- Brittany Firefly Prairie Field Park
- Cloverleaf Park
- Emerald Lane Park
- Hackney Park
- Hiawatha-Wermerskirchen Park (opens in new tab)
Show all 32 parksShow fewer
- Holmes Park (opens in new tab)
- Horizon Heights Park
- Huber Park (opens in new tab)
- Langdon Terrace Park
- Lions Park (opens in new tab)
- Meadows Park
- Memorial Park
- Minnesota Valley State Recreation Area
- Minnesota Valley State Recreation Area - Nyssen's Lake Unit
- Muenchow Fields Park and Recreation Area
- Neil Johnson Softball Complex
- Pheasant Run Park
- Prairie Bend Park
- Ridge Creek Park
- Riverside Fields Park
- Riverview Park (opens in new tab)
- Royalty Park
- Savanna Oaks Park
- Scenic Heights Park
- Southbridge Community Dog Park
- Stans Park
- Tahpah Park (opens in new tab)
- The Landing (opens in new tab)
- Timber Trails Park
- Westminster Park
- Whispering Oaks Park
Official source: City of Shakopee (opens in new tab)
Trails
16
11 named
- Big Woods Regional Trail
- Canterbury Trail
- CH101 Trail
- Chateau Avenue
- Deans Lake Trail
- Dominion Avenue
Show all 11 trailsShow fewer
- Eagle Creek Trail
- Minnesota Valley State Trail
- Quarry Lake Trail
- State Corridor Refuge Trail - Wilkie Unit
- Tahpah to Scenic Heights Drainage Way Trail
Official source: City of Shakopee (opens in new tab)
Beaches and boat launches
2
0 named
2 mapped beaches and boat launches, not named in OpenStreetMap.
Official source: City of Shakopee (opens in new tab)
Schools
13
12 named
- Aspire Academy (opens in new tab)
- Eagle Creek Elemantary School
- Jackson Elementary School Grounds
- Pearson Early Learning Center School Grounds
- Shakopee Area Catholic School (opens in new tab)
- Shakopee East Middle School Grounds
Show all 12 schoolsShow fewer
- Shakopee High School Grounds
- Shakopee Public Schools District Office (opens in new tab)
- Shakopee West Middle School Grounds
- Sun Path Elementary (opens in new tab)
- Sweeney Elementary (opens in new tab)
- Tokata Learning Center (opens in new tab)
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