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Minnesota State Wire

Friday, September 12, 2025

Shakopee home prices rise in January 2020

Webp realestate4

The median sale price of a home sold in January 2020 in Shakopee rose by $62,500 while total sales decreased by 20.5%, according to BlockShopper.com.

In January 2020, there were 31 homes sold, with a median sale price of $310,000 - a 25.3% increase over the $247,500 median sale price for the same period of the previous year. There were 39 homes sold in Shakopee in January 2019.

The median sales tax in Shakopee for the most recent year with available data, 2019, was $3,086, approximately 1% of the median home sale price for January 2020.

The following table compares Shakopee to other Scott County cities in January 2020:

CityJan. 2020 Home SalesJan. 2019 Home Sales% change (Total Home Sales)Jan. 2020 Median Sales PriceJan. 2019 Median Sales Price% change (Median Sales Price)
Prior Lake241650%$379,500$312,45021.5%
Jordan612-50%$320,000$229,65039.3%
Shakopee3139-20.5%$310,000$247,50025.3%
Savage3014114.3%$286,450$290,000-1.2%
Elko New Market59-44.4%$220,000$305,000-27.9%
Belle Plaine550%$195,000$239,900-18.7%
New Prague49-55.6%$191,288$171,50011.5%

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