RE/MAX Advantage PlusRE/MAX Advantage Plus · Mark GoresCall or text 612-201-5447
Prior Lake Real EstateMark Gores · RE/MAX Advantage Plus

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 $422K over the last six months, 21 days on market, 683 closed sales in the last 12 months.

Median sale price
$422K
Up 7.6% from a year earlier
Median days on market
21
Up from 18 days a year earlier
Sale-to-list
99.9%
Down 0.1 points from a year earlier
Price per sq ft
$200
Up 2% from a year earlier
Months of supply
3.7
213 for sale, 683 sold in the last 12 months
For sale now
213
66 under contract

Negotiating room

List-to-sale gap
0.4%
Up from 0.3% in the prior 12 months

Average distance from list price down to sale price, last 12 months. Higher means buyers got more off the asking price.

Sold over asking
29.7%
Up from 28.5% in the prior 12 months

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

What's your Shakopee home worth?

Send the address, and Mark Gores of RE/MAX Advantage Plus will email you a number based on recent Shakopee sales.

One email with the numbers.

Price trend

$350K$400K$450K$500KNovDecJanFebMarAprMayJunJulAugSepOct

Median sale price by month, last 12 months. Months with fewer than 4 sales are left out.

How Shakopee compares to Prior Lake

The median Shakopee sale price runs 21.2 percent below Prior Lake over the last six months. Homes in Shakopee take about 2 days longer to go under contract than Prior Lake. Sales over asking are more common than in Prior Lake, with 29.7% of Shakopee sales closing over list in the last 12 months against 26.8% in Prior Lake.

Want the sold prices in Shakopee?

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.

One email with the numbers.

Common questions

What's the median home price in Shakopee, MN?

The median sale price in Shakopee over the last six months is $422K, based on closed MLS sales. That's 7.6% higher than the same window a year earlier.

How fast do homes sell in Shakopee?

Median days on market in Shakopee is 21 days over the last six months. That's about 2 days slower than Prior Lake.

Do homes in Shakopee sell over asking price?

29.7% of Shakopee sales closed over list price in the last 12 months. The average sale-to-list ratio is 99.9% of asking.

Data from NorthstarMLS via MLS Grid, refreshed twice daily. Current period = last 6 months, compared to the same window a year earlier. The list-to-sale gap and the share sold over asking use the trailing 12 months against the prior 12 months. Months of supply is the number of homes for sale now divided by the average number of home sales a month over the last 12 months. No median, average or comparison is shown on fewer than 4 sales. Metrics are aggregates of closed residential sales; individual sold properties are not displayed.

Mark Gores, RE/MAX Advantage Plus
Talk to Mark · Mark Gores, RE/MAX Advantage Plus

Questions about the Prior Lake market?

Reach Mark Gores of RE/MAX Advantage Plus directly. He can put any number on this site in context for your street or your house.

Mark Gores, RE/MAX Advantage Plus
Mark Gores, RE/MAX Advantage Plus

I built this site so anyone can see the Prior Lake market the way I do: every listing and every sale from the NorthstarMLS feed, updated twice a day. If a number here matters for a decision you’re making, ask me about it.

NorthstarMLS through the MLS Grid feed, filtered to Prior Lake. Every number on this site is computed from the listing and sale records themselves.

Updated Oct 10, 2026