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Minnesota State Wire

Thursday, September 11, 2025

Rising home prices in Shakopee in May 2021

Webp realestate4

The median sale price of a home sold in May 2021 in Shakopee rose by $22,000 while total sales increased by 5.1%, according to BlockShopper.com.

In May 2021, there were 41 homes sold, with a median sale price of $320,000 - a 7.4% increase over the $298,000 median sale price for the same period of the previous year. There were 39 homes sold in Shakopee in May 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 May 2021.

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

CityMay 2021 Home SalesMay 2020 Home Sales% change (Total Home Sales)May 2021 Median Sales PriceMay 2020 Median Sales Price% change (Median Sales Price)
Savage2838-26.3%$390,000$300,00030%
Prior Lake3233-3%$380,500$360,0005.7%
Elko New Market69-33.3%$380,000$358,0006.1%
Jordan311-72.7%$350,000$285,00022.8%
Shakopee41395.1%$320,000$298,0007.4%
New Prague5366.7%$269,000$269,500-0.2%
Belle Plaine712-41.7%$249,900$234,0006.8%

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