All Home Types
Shakopee, MN Housing Market
What is the housing market like in Shakopee today?
In October 2024, Shakopee home prices were up 4.8% compared to last year, selling for a median price of $367K. On average, homes in Shakopee sell after 28 days on the market compared to 27 days last year. There were 52 homes sold in October this year, up from 48 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$366,750
+4.8% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Shakopee, MN
$366,750
+4.8%
United States
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Shakopee Migration & Relocation Trends
In Sep '24 - Nov '24, 20% of Shakopee homebuyers searched to move out of Shakopee, while 80% looked to stay within the metropolitan area.
- Across the nation, 0.79% of homebuyers searched to move into Shakopee from outside metros.
- Albuquerque homebuyers searched to move into Shakopee more than any other metro followed by Miami and Chicago.
Where are people moving to Shakopee from?
- 80% of Shakopee homebuyers searched to stay within the Shakopee metropolitan area.
- Brainerd was the most popular destination among Shakopee homebuyers followed by Duluth and Cape Coral.
Where are people from Shakopee moving to?
Number of People Moving to Shakopee
least
most
People are moving to Shakopee from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Sep '24 - Nov '24 | ||
| 1 | 717 | ||
| 2 | 700 | ||
| 3 | 599 | ||
| 4 | 414 | ||
| 5 | 318 | ||
| 6 | 285 | ||
| 7 | 271 | ||
| 8 | 235 | ||
| 9 | 176 | ||
| 10 | 158 | ||
People are leaving Shakopee for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Sep '24 - Nov '24 | ||
| 1 | 435 | ||
| 2 | 248 | ||
| 3 | 196 | ||
| 4 | 102 | ||
| 5 | 78 | ||
| 6 | 68 | ||
| 7 | 50 | ||
| 8 | 46 | ||
| 9 | 43 | ||
| 10 | 40 | ||
Methodology
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Recently sold homes
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Shakopee.
Provided by First Street Foundation
Transportation in Shakopee
Learn about the walkability, bikeability, and transit-friendliness of Shakopee
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