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City / Town Overview

Shakopee, MN

Aggregate real estate market report across all ZIPs in scope
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Analysis

Data as of January 2026. Source: Realtor.com.

The Shakopee, MN real estate market currently shows 154 active listings, with 63 pending sales. Homes are averaging 58 days on the market before going under contract.

Inventory has increased compared to last year, with 15 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 58 days on market compared to 47 days last year.

The median listing price has risen 2.8% year-over-year, from $495,990 to $509,950.

Whether you are buying or selling in Shakopee, MN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Temperature & Context

Hotness Score
56.6 / 100
Ranked #612 nationally   ▼ 73 vs. last year
Supply vs. Demand
Demand 30% Supply 70%
Elevated supply — more choice for buyers
Page views per listing near national average
Market Context

Population: 48,318  ·  Density: 322.3/mi²  ·  Median household income: $103,278

Typical home value: $352,401  ·  Homeownership: 73.4%

Market temperature data: Realtor.com Research

Included Areas

Shakopee: 55379

Area Map

Market Overview

Active Listings
154
⇧ 10.8% vs 139 last year
Pending
63
41% pending ratio
Median Price
$509,950
⇧ 2.8% vs $495,990 last year
Average Price
$524,872
⇧ 6.5% vs $492,624 last year
Days on Market
58
⇧ 23.4% vs 47 days last year

Price Per Square Foot

Median $/sqft
$210
vs $210/sqft last year
Median Home Size
2,334 sqft
Typical listing size
12-Month $/sqft Trend

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %