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Minnesota State Wire

Thursday, September 11, 2025

Shakopee median home prices rose by 17.1% in March 2021

Webp realestate077

The median sale price of a home sold in March 2021 in Shakopee rose by $44,500 while total sales increased by 8.8%, according to BlockShopper.com.

In March 2021, there were 37 homes sold, with a median sale price of $305,000 - a 17.1% increase over the $260,500 median sale price for the same period of the previous year. There were 34 homes sold in Shakopee in March 2020.

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 March 2021.

The following table compares Shakopee to other Scott County cities in March 2021:

CityMar. 2021 Home SalesMar. 2020 Home Sales% change (Total Home Sales)Mar. 2021 Median Sales PriceMar. 2020 Median Sales Price% change (Median Sales Price)
Elko New Market15-80%$357,100$319,00011.9%
Savage2035-42.9%$318,000$325,000-2.2%
Shakopee37348.8%$305,000$260,50017.1%
Prior Lake1829-37.9%$299,300$352,000-15%
Jordan67-14.3%$265,750$278,240-4.5%
Belle Plaine78-12.5%$265,000$217,83521.7%
New Prague48-50%$211,500$274,000-22.8%

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