Shakopee, MN Housing Market
$404,615
1.1% 1-yrThe average Shakopee, MN home value is $404,615, up 1.1% over the past year, and homes go to pending in around 24 days. (Updated on )
What is the Zillow Home Values Index?
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
Shakopee Key Takeaways
Typical Home Values: $404,615
1-Year Value Change: +1.1%
(Data through August 31, 2026)
Shakopee Housing Market Overview
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Nearby Neighborhoods
- NameMedian ZHVI
- Dewey Hill$397,028
- Braemar Hills$866,366
- Prospect Knolls$676,446
- Cahill--
- Indian Trails$793,567
- Pentagon--
- Lake Edina$754,760
- Parklawn$126,241
- The Heights$784,709
Zillow is more than a place to browse homes. It’s a place to connect with a local agent, explore financing solutions, schedule home tours, understand your buying and selling power, and more.
Shakopee Rental Market Trends
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
Frequently Asked Questions
What are current home values in Shakopee, MN?
The median home value in Shakopee, MN is $404,615 as of August 2026. This represents a 0.1% increase compared to last month and a 1.1% increase year-over-year.
How have home values changed in Shakopee, MN?
Home values in Shakopee, MN have increased by 0.1% month-over-month and 1.1% year-over-year.
How do home values in Shakopee, MN compare to Scott County, Minnesota, and the national average?
The median home value in Shakopee, MN ($404,615) compares to: Scott County ($443,102), Minnesota ($350,752), and the U.S. national median ($368,697).