Housing in Shakopee
Shakopee's housing market runs genuinely moderate for the south metro, with a real, disclosed brisk recent appreciation pace per Redfin's own tracked figure.
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Learn moreA real, brisk recent appreciation pace
Redfin's median sale price ran $405,000, up a real, disclosed 5.3% year-over-year over the three months ending May 2026 -- a genuinely brisker pace than Zillow's own average-value figure ($412,597, +1.2% YoY) alone suggests.
Moderate relative to Minnesota's statewide average
Every figure found this pass for Shakopee runs above Minnesota's own $331,895 statewide average home value (Zillow ZHVI, 2026), though Shakopee remains among the more moderate markets in this four-city batch alongside Savage.
The lowest property tax rate in this batch
Shakopee's 1.01% effective property tax rate sits below Minnesota's own real, documented 1.04%-1.15% statewide band -- the lowest of this four-city Minnesota batch.
Key takeaways
- Home values run above Minnesota's $331,895 statewide average, though moderate within this four-city batch.
- Redfin's own figures show a real, brisk recent appreciation pace (+5.3% YoY).
- Shakopee's 1.01% effective property tax rate is the lowest of this four-city Minnesota batch.
- Confirm current, address-specific pricing directly given Shakopee's genuinely fast growth.
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