Prior Lake Real Estate
Median Price$515K6.7%Days on Market233Active Listings203Sale-to-List99.1%0.5New This Month27Bidding War Rate27.6%3%Avg $/SqFt$235Pending52Median Price$515K6.7%Days on Market233Active Listings203Sale-to-List99.1%0.5New This Month27Bidding War Rate27.6%3%Avg $/SqFt$235Pending52

Shakopee, MN Housing Market

Shakopee home prices and market data computed from closed MLS sales, the same method as the Prior Lake dashboard. Median sale price $415K over the last six months, 22 days on market, 688 closed sales in the last 12 months.

Median Sale Price
$415K
4.2%vs last year
Days on Market
22
4.8%vs last year
Sale-to-List
99.7%
0.3 ptsvs last year
Avg $/SqFt
$198
1.5%vs last year
Months of Supply
5.4
based on 688 sales in 12 months
Active Listings
307
100 pending

Negotiation and Competition

Negotiability Index
0.5%
66.7%vs prior 12 months

Average discount from list price on closed sales over the trailing 12 months. Higher means buyers negotiated more off the asking price.

Bidding War Rate
30.1%
0.4 ptsvs prior 12 months

Share of sales that closed over the asking price in the trailing 12 months.

What is your Shakopee home worth?

Tell me the address. I will send you a real number based on actual Shakopee sales, not an algorithm's guess.

One email with the numbers. No drip campaign, no list.

Price Trend

$394K$416K$437K$458K080910111201020304050607Median Sale Price

12-month median sale price by month. Months with no closed sales are excluded.

How Shakopee compares to Prior Lake

Median Price-19.4%
Shakopee trades below the Prior Lake median
Days on Market0.0 days
Same pace as Prior Lake

The median Shakopee sale price runs 19.4 percent below Prior Lake over the last six months. Homes there move at the same pace as Prior Lake. Bidding wars are more common than in Prior Lake, with 30.1% of Shakopee sales closing over list in the last 12 months against 28.9% in Prior Lake.

Want the actual sold prices in Shakopee?

The medians above show the trend. The sale-by-sale numbers show the market. Leave your name and email, and Mark Gores of RE/MAX Advantage Plus will pull the recent Shakopee sales from the MLS and send them to you personally.

One email with the numbers. No drip campaign, no list.

Common Questions

What is the median home price in Shakopee, MN?

The median sale price in Shakopee over the last six months is $415K, based on closed MLS sales. That is 4.2% higher than the same window a year earlier.

How fast do homes sell in Shakopee?

Median days on market in Shakopee is 22 days over the last six months. That matches Prior Lake.

Do homes in Shakopee sell over asking price?

30.1% of Shakopee sales closed over list price in the last 12 months. The average sale-to-list ratio is 99.7% of asking.

Data from NorthstarMLS via MLS Grid, refreshed twice daily. Current period = last 6 months, compared to the same window a year earlier. Negotiability and bidding-war figures use the trailing 12 months against the prior 12 months. Metrics are aggregates of closed residential sales; individual sold properties are not displayed.

Talk to Mark

Thinking of selling? I'll pull the comps for your block.

I've worked in Prior Lake for 22 years. Give me your address and I'll tell you what your house is worth, what your street has done in the last 90 days, and what I'd list at. Takes about 20 minutes. No drip campaigns.

Mark Gores, RE/MAX Advantage Plus

I've been selling real estate in Prior Lake for 22 years. This dashboard pulls from the same MLS data I use every morning. If a number on here matters for a decision you're making, email me and I'll put it in context for your street.

Data source

NorthstarMLS via MLS Grid API, filtered to Prior Lake. Every metric on this site is computed from raw closed-sale and active-listing records. No Zillow estimates, no third-party models.

Updated Jul 12, 2026