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All market snapshots / 55379

Shakopee, MN 55379 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Shakopee, MN inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.13
ActiveActive listings: 9292PendingPending sales: 1212
Shakopee, MN: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $505k$505kSoldMedian sold price (last 6 months): $431k$431k
What homes actually sell for in Shakopee, MN
Distribution of 452 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $315k to $567k
$225k to $294k: 75 sales75sales$225k$294k to $362k: 58 sales$362k to $431k: 74 sales$362k$431k to $500k: 61 sales$500k to $569k: 52 sales$500k$569k to $637k: 44 sales$637k to $706k: 36 sales$637k$706k to $775k: 9 salesMedian $431k

What the numbers say

As of October 5, 2026, Resideline is tracking 92 active listings and 12 pending sales in ZIP code 55379. That pending-to-active ratio of 0.13 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $504,995, while the median of the 452 closed sales Resideline tracked over the last six months was $431,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 55379 for 67 days.

Frequently asked questions

What is the median home price in 55379?

The median closed sale price in Shakopee, MN 55379 was $431,000 over the last six months, based on 452 closed sales tracked by Resideline. The middle half of those sales ranged from $315,000 to $567,090.

Is 55379 a buyer's or seller's market?

Resideline is currently tracking 12 pending sales against 92 active listings in 55379, a pending-to-active ratio of 0.13. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 55379 currently looks like a balanced market.

Nearby ZIP code market data

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