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Minnesota State Wire

Friday, September 12, 2025

Shakopee home prices rise in February 2020

Webp re 2

The median sale price of a home sold in February 2020 in Shakopee rose by $29,098 while total sales decreased by 18.2%, according to BlockShopper.com.

In February 2020, there were 27 homes sold, with a median sale price of $260,000 - a 12.6% increase over the $230,902 median sale price for the same period of the previous year. There were 33 homes sold in Shakopee in February 2019.

The median sales tax in Shakopee for the most recent year with available data, 2019, was $3,086, approximately 1.2% of the median home sale price for February 2020.

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

CityFeb. 2020 Home SalesFeb. 2019 Home Sales% change (Total Home Sales)Feb. 2020 Median Sales PriceFeb. 2019 Median Sales Price% change (Median Sales Price)
Prior Lake2126-19.2%$361,000$294,50022.6%
Elko New Market330%$325,000$200,00062.5%
Jordan36-50%$295,500$211,50039.7%
New Prague4333.3%$283,997$312,836-9.2%
Savage1325-48%$270,000$300,000-10%
Shakopee2733-18.2%$260,000$230,90212.6%
Belle Plaine514-64.3%$250,000$250,500-0.2%

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