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Minnesota State Wire

Friday, September 12, 2025

Shakopee home prices rise in March 2020

Webp re 4

The median sale price of a home sold in March 2020 in Shakopee rose by $36,250 while total sales decreased by 25.7%, according to BlockShopper.com.

In March 2020, there were 26 homes sold, with a median sale price of $274,200 - a 15.2% increase over the $237,950 median sale price for the same period of the previous year. There were 35 homes sold in Shakopee in March 2019.

The median sales tax in Shakopee for the most recent year with available data, 2019, was $3,086, approximately 1.1% of the median home sale price for March 2020.

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

CityMar. 2020 Home SalesMar. 2019 Home Sales% change (Total Home Sales)Mar. 2020 Median Sales PriceMar. 2019 Median Sales Price% change (Median Sales Price)
Elko New Market550%$319,000$303,5005.1%
Savage2833-15.2%$319,000$270,00018.1%
Prior Lake2135-40%$319,000$317,0000.6%
New Prague711-36.4%$292,000$257,00013.6%
Jordan550%$278,240$260,0007%
Shakopee2635-25.7%$274,200$237,95015.2%
Belle Plaine69-33.3%$171,250$280,000-38.8%

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