Shakopee, MN Housing Market 2026: What Homes Actually Sell For

Shakopee listings show a wish. The closings below show the outcome, and the outcome is what an offer has to compete with. Here is what Shakopee sale prices look like right now, built from the closings Resideline tracked over the last six months, as of October 2026.

Shakopee home prices at a glance

The median home price in Shakopee is $416,500, the midpoint of the 364 closed sales Resideline tracked over the last six months, with the middle half of sales closing between $309,000 and $536,990, as of October 2026.

• •Closings tracked, last 6 months: 364
• •Median sold price, last 6 months: $416,500
• •Median sold $/sqft, last 6 months: $190

Figures last updated November 4, 2026 from closings Resideline tracked. Coverage may differ from complete county or municipal records.

What the numbers say

That median is the midpoint of what buyers actually paid, not what sellers hoped to get, which is why it moves differently from the asking prices on listing sites. Shakopee's middle half of sales spans $227,990, and where a specific property sits inside that span decides whether the citywide median is useful context or a misleading target. Across the 361 closings with usable living area, the middle half sold between $168 and $215 per square foot.

Where Shakopee sale prices land

Within the middle half of sales, the price range extends about equally above and below the median. The distribution above covers the closed sales Resideline tracked in Shakopee over the last six months that carry a usable sale date, trimmed to the 5th through 95th percentile. Among the 55 Minnesota markets with a published band, Shakopee's middle-half spread ($309,000 to $536,990) ranks 34th from the narrowest. Where your target property sits inside that spread matters more than the citywide median.

How long a sale takes here

• •Listed to under contract: a median of 23 days, across 296 Shakopee closings Resideline tracked in the last six months
• •Contract to closing: a median of 32 days, across 293 Shakopee closings Resideline tracked in the last six months

Both are measured from the closings themselves, not from listing inventory. Each sale is timed using its own listing and contract dates. That is why these counts are smaller than the 364 closings above: a sale is counted here only when we hold both of its dates.

Shakopee prices by property type

Among the Shakopee closings with usable living area over the last six months, single-family houses closed at a median of $201 per square foot (253 sales) and townhouses at $179 (107 sales).

The Shakopee angle

The median sits close to the middle of the middle-half band, with the stretch down to $309,000 and the stretch up to $536,990 of similar length. The middle half is split about evenly around the median. Every estimate, high or low, should trace back to closed sales that resemble the property behind it.

Shakopee market data by ZIP code

Citywide medians hide block-by-block variation. Resideline publishes free, regularly refreshed market snapshots for Shakopee ZIP codes: 55379.

From market read to offer price

Every Resideline report opens with this same market snapshot for the subject's exact ZIP code, then gives you the property's value, the sold comps behind it, and a market rent estimate. Pricing a specific deal? The free ARV calculator, rehab cost estimator, BRRRR calculator and rental property calculator run the numbers in about a minute.

And we show our work. Every estimate is frozen while the home is for sale and graded against the real closing price after it sells. See the live accuracy dashboard for the receipts, or read how the Area Market Snapshot works.

Run any Shakopee address through Resideline and you will see the local market and the property's value together, in one report.

Cite this

Using these numbers? Please cite the source and the sample size:

Source: Resideline Market Watch
Market: Shakopee, MN
Geography: incorporated municipality, Census place 2759350
Data updated: October 2026
Analysis period: last six months
Tracked closings: 364
Median sold price: $416,500
Median sold $/sqft: $190 (361 qualifying)
https://resideline.com/blog/shakopee-mn-housing-market

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<a href="https://resideline.com/blog/shakopee-mn-housing-market">
  <img src="https://resideline.com/images/embed/shakopee-mn.png" alt="Shakopee, MN home sale price distribution, last six months" width="1000" style="max-width:100%;height:auto">
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<p>Source: <a href="https://resideline.com/blog/shakopee-mn-housing-market">Resideline Market Watch</a></p>

The local market statistics in this report are calculated from closed sales tracked by Resideline. Transaction coverage may differ from complete county or municipal records.

Every local market figure on this page is computed from closed sales Resideline tracked in Shakopee over the last six months, and is refreshed when the data is.