The Downtown Shakopee housing market is somewhat competitive. The median sale price of a home in Downtown Shakopee was $285K last month, down 9.67% since last year. The median sale price per square foot in Downtown Shakopee is $183, down 1.1% since last year.
What is the housing market like in Downtown Shakopee today?
In March 2024, Downtown Shakopee home prices were down 9.67% compared to last year, selling for a median price of $285K. On average, homes in Downtown Shakopee sell after 52 days on the market compared to 104 days last year. There were 11 homes sold in March this year, up from 4 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$285,000
-9.67% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Downtown Shakopee, MN
$285,000
-9.67%
United States
To compare other locations to the Downtown Shakopee and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Shakopee add value to a home.
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How hot is the Downtown Shakopee housing market?
Downtown Shakopee is somewhat competitive. Homes sell in 23 days.
0
100
69
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 23 days.
Hot homes
can sell for around list price and go pending in around 12 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
97.9%
-1.8 pt YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Downtown Shakopee, MN
97.9%
-1.8 pt
United States
Home offer insights for Downtown Shakopee
Explore recent offers and recently sold homes in Downtown Shakopee
Recent offers
View houses in Downtown Shakopee that sold recently
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Downtown Shakopee housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Downtown Shakopee.
Risk Factor
Flood Factor - Minor
4% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Downtown Shakopee has a minor risk of flooding. 34 properties in Downtown Shakopee are likely to be
severely affected
by flooding over the next 30 years. This represents 4% of all properties in Downtown Shakopee. Flood risk is increasing faster than the national average.
22% of properties are at risk of wildfire over the next 30 years
Fire Factor
Downtown Shakopee has a moderate risk of wildfire. There are 439 properties in Downtown Shakopee that have some risk of being affected by wildfire over the next 30 years. This represents 22% of all properties in Downtown Shakopee.
Downtown Shakopee has minimal risk of severe winds over the next 30 years
Wind Factor
Downtown Shakopee has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.
100% of properties are at minor
risk of heat over the next 30 years
Heat Factor
Downtown Shakopee has a minor risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Downtown Shakopee have a Minor Heat Factor®.
Downtown Shakopee is expected to see a 114% increase in the number of days over 99ºF over the next 30 years. Downtown Shakopee is expected to experience 8