Shakopee, MN
Housing market overview · Updated weekly
$471,850median sale price
Homes sold
34
Last 12 weeks
Days on market
42
Average pace
Active listings
101
3.0 months supply
Sale-to-list
99.2%
Below asking
The Shakopee housing market is currently classified as a balanced market with a median sale price of $471,850. Prices have risen 20.1% compared to last year, with homes spending an average of 42 days on market, indicating 3.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
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Frequently asked questions
What is the average home price in Shakopee?
The median home sale price in Shakopee is $471,850, up 20.1% from last year.
How long do homes stay on market in Shakopee?
Homes typically spend 42 days on market before going under contract.
Is Shakopee a buyer's or seller's market?
With 3.0 months of supply, Shakopee is currently a balanced market.
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