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Shakopee

Shakopee

Located in Scott County

$452,898 Average Value
$212 Average Price per Sq Ft
353 Homes For Sale

The Shakopee Mdewakanton Sioux Community

For thousands of years, the Dakota people lived within the Minnesota River Valley. Displacement by the U.S. government began in the early 1800s and continued into the mid '60s. It wasn't until 1969 that the government officially recognized the Dakota Shakopee Mdewakanton Sioux Community, also known as the SMSC, as a Native American Tribe. After struggling to re-establish their economy post-displacement, a group of tribe members decided to invest in a high-stakes bingo establishment, the Little Six Bingo Palace — which later became the Mystic Lake Casino Hotel. The business grew rapidly, and the casino is now known as one of the most prominent tourist attractions in the Upper Midwest, making the Mdewakanton Sioux the wealthiest Native American tribe in history. Today, they give back to the city of Shakopee and the broader Minnesota community, contributing regularly to public programs and charities and developing a fruitful relationship with the city. In addition to the city's rich Dakota heritage, "Shakopee has a diverse, inclusive culture," says Brock Dombrovski, Realtor with Meta Realty. "Everybody's welcome." Shakopee has also seen recent growth, "A lot of Fortune 500 companies have planted stakes here," adds Dombrovski, and recent investments by major corporations like Amazon has helped increase the city's population — which doubled between 2000 and 2010 — and is now fast approaching 42,000 people. With a strong sense of community, a thriving economy and an A-rated school district, Shakopee continues to develop and stand out as a river valley community, just 25 miles from the Twin Cities.

Motorists coming from the north are greeted with this sign that honors Native Americans.
Motorists coming from the north are greeted with this sign that honors Native Americans.
An overview of the historic downtown of Shakopee.
An overview of the historic downtown of Shakopee.
The historic downtown of Shakopee overlooks the river valley.
The historic downtown of Shakopee overlooks the river valley.
The riverfront is a major landmark to the city.
The riverfront is a major landmark to the city.
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Ongoing construction and steady market growth

The housing market in Shakopee is home to both new construction and a wide range of existing housing options. Which in turn has stimulated growth and resulted in increased home values. Shakopee has no shortage of real estate listings, and ongoing development south of U.S. Route 169 adds to the already plentiful housing stock. Most homes in Shakopee were built post-2000 and include townhouses and single-family designs with traditional architectural styles. Most homes here feature large yards and functional features like multi-car garages. With a median sales price of $400,000, home costs in Shakopee can range from the low $200,000s for a two-bedroom townhouse to upwards of $1.4 million for a four-bedroom traditional with lakefront views. Homes with private water access will lean towards the higher price points, starting around $600,000.

New home developments are being constructed in Shakopee.
New home developments are being constructed in Shakopee.
Upper bracket priced housing can be found further south in Shakopee.
Upper bracket priced housing can be found further south in Shakopee.
Prairie Meadows is a recent housing development in Shakopee.
Prairie Meadows is a recent housing development in Shakopee.
A row of homes in Shakopee.
A row of homes in Shakopee.
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City parks, arenas and cultural centers

Shakopee is also home to 35 community parks, nearly 1,100 acres of public green space and more than 100 miles of trails. The city experiences mild summers and cold winters, with an average of 49 inches of snowfall each year. Lions Park, a few blocks west of the Shakopee Community Center (SCC), is the main gathering space and features a modern jungle gym, paved walking trails and a splash pad open during the warmer months. Huber Park, along the northern border, attracts visitors with its wheelchair-friendly playground, live musical performances at its amphitheater and waterfront views of the Minnesota River. The SCC has a fitness center, skate park, indoor pool and ice rink that city residents can enjoy at a discounted daily rate. Winter sports happen all year, with two ice rinks at Shakopee Ice Arena where skaters can practice during open skate times or schedule lessons to improve their skills. The public Stonebrooke Golf Club offers a championship 18-hole course with scenic views of O’Dowd Lake. Or to learn more about local Native American history, the Hocokata Ti cultural center promotes the Shakopee Mdewakanton Sioux Community's heritage through a range of exhibits and informational sessions.

Exciting disc golf can be played at Lions Park in Shakopee.
Exciting disc golf can be played at Lions Park in Shakopee.
Huber Park has a newly constructed playground.
Huber Park has a newly constructed playground.
Stonebrooke Golf Course is open to the public and just north of Lake O'Dowd
Stonebrooke Golf Course is open to the public and just north of Lake O'Dowd
Shakopee Ice Arena hosts figure skating and Hockey.
Shakopee Ice Arena hosts figure skating and Hockey.
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Canterbury Park, Valleyfair and Mystic Lake Casino Hotel

The Mystic Lake Casino Hotel is Minnesota's largest casino and one of the most prominent tourist attractions in the Upper Midwest, "It's like a mini-Las Vegas," Dombroski says. But it's not all tourism. The hotel's event center also hosts gatherings like an annual Fourth of July Festival and a New Year's Eve party. "Shakopee has designed itself to be the entertainment hub south of the river," adds Dombrovski. Canterbury Park, a horse racing track with events throughout the year, is another major attraction. "In the winter, they have skijoring, which is when people on skis are pulled by horses, and they also have snowmobile and wiener dog races. Our dog actually won Grand Champion in 2019." Valleyfair is another option, a 125-acre amusement park with over 75 rides on the north side of Shakopee. The park is widely popular and hosts around 25 million visitors annually.

Valleyfair is fun for the whole family in Shakopee.
Valleyfair is fun for the whole family in Shakopee.
Canterbury Park hosts horse races and is a big attraction for surrounding residents.
Canterbury Park hosts horse races and is a big attraction for surrounding residents.
You'll see a huge variety of costumes at the Shak-O-Lantern Festival.
You'll see a huge variety of costumes at the Shak-O-Lantern Festival.
Shak-O-Lantern Festival is an afternoon of fun for the whole family.
Shak-O-Lantern Festival is an afternoon of fun for the whole family.
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Historic downtown and redevelopment on the riverfront

"Shakopee has a historic downtown with old-fashioned stores like Bill's Toggery," Dombrovski says, citing a local menswear store that's been in business for nearly 100 years. In addition to long-standing local shops, downtown has an up-and-coming restaurant scene. "O'Brien's Public House is a newer, high-end, swanky Irish pub. It's a hot spot. A lot of my friends like to go there for apps and dinner." With help from Scott County and the Shakopee Mdewakanton Sioux Community, the city is also redeveloping the Minnesota Riverfront, adding commercial and residential amenities and a cultural trail to honor the city's Native American history. Outside of downtown, popular restaurants like Bravi's Craft Mexican Kitchen can be found throughout the city. For groceries and everyday essentials, most residents shop along U.S. Route 169, which includes a Cub Foods and Hy-Vee, and major retailers like Target and Kohl's.

O'Brien's Public House is a popular spot for dinner in downtown shakopee.
O'Brien's Public House is a popular spot for dinner in downtown shakopee.
Bars and restaurants looking down 1st Ave E.
Bars and restaurants looking down 1st Ave E.
Order counter at shakopee Brewhall
Order counter at shakopee Brewhall
Bravi's enjoys making modern Mexican dishes that everyone can enjoy.
Bravi's enjoys making modern Mexican dishes that everyone can enjoy.
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High-marks at Shakopee Public Schools

Families in Shakopee are zoned for the Shakopee Public School District, which earns an overall rating of A from the review site, Niche. Students may attend their choice of five elementary schools and two middle schools before heading to Shakopee High School. Shakopee High earns an A-minus from Niche and partners with the Minnesota Center for Advanced Professional Studies (MNCAPS) to provide students with internships in fields such as business, creative media and STEM. Private options like Shakopee Area Catholic School and Living Hope Lutheran School are also available.

Shakopee High School has an enrollment of about 2,770 students.
Shakopee High School has an enrollment of about 2,770 students.
Entrance to Shakopee West Middle School
Entrance to Shakopee West Middle School
Red Oak Elementary School provides education to the little residents in 
Shakopee
Red Oak Elementary School provides education to the little residents in Shakopee
Shakopee Area Catholic School provides private education in the neighborhood of 
Shakopee
Shakopee Area Catholic School provides private education in the neighborhood of Shakopee
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Daily commutes and trips into the Twin Cities

U.S. Route 169 runs horizontally through Shakopee, providing access to neighboring areas like Bloomington and downtown Minneapolis, a 25-mile drive northeast. "Most people commute to Minneapolis for work," says Karen Sandstrom, longtime resident and Realtor with Re/Max Results, but emphasizes that Shakopee itself is easy to get around. "You can get anywhere in town in about 5 minutes," adds Sandstrom. The Minnesota Valley Transit Authority (MVTA) provides public bus rides from three park-and-ride stations located across the city. When traveling farther outside the community, the Minneapolis-Saint Paul International Airport is 22 miles away. For healthcare, the St. Francis Regional Medical Center is located in the heart of the city.

Crime

On average, Shakopee experiences lower crime rates than Minneapolis. In 2023, the Scott County Sheriff’s Office, which oversees Shakopee, reported 25 violent crimes per 100,000 people. Comparatively, Hennepin County, which includes Minneapolis, reported 124 violent crimes per 100,000 individuals.

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Shakopee Housing Trends

Housing Trends

Median List Price
$469,492
Median Sale Price
$395,000
Median Single Family Sale Price
$470,000
Median Townhouse Sale Price
$366,990
Median Change From 1st List Price
0%
Last 12 months Home Sales
663
Median Home Sale Price YoY Change
1%
Average Price Per Sq Ft
$212

Neighborhood Facts

Number of Homes for Sale
353
Months of Supply
6.40

Open Houses

  • Saturday, Jul 19
    11:30am - 1pm

    452 Spruce St, Shakopee, MN 55379

    $515,000

    • 3 Beds
    • 3.5 Baths
    • 3,290 Sq Ft
    • 452 Spruce St
    • New 25 days ago

    Welcome to this sharp two-story home nestled into the quiet and wooded Pinewood Estates neighborhood. This meticulously maintained home is highlighted by a gorgeous 15x15 vaulted sunroom addition (basement was also dug out under this room)surrounded by windows and glass doors. The vaulted family room boasts a gas fireplace w/stacked stone surround and built-ins - very cozy feeling room.

    Agent Photo
    Laurie King
    Edina Realty, Inc.
    (612) 260-1658
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  • Saturday, Jul 19
    11am - 1pm

    836 Newport Ave, Shakopee, MN 55379

    $395,000

    • 4 Beds
    • 2 Baths
    • 1,997 Sq Ft
    • 836 Newport Ave
    • New 8 days ago

    Tucked away in a peaceful Shakopee neighborhood, this well-maintained 4BR, 2BA home offers comfort, functionality, and a prime location across from Westminster Park. Close to Shakopee High School, shopping, and dining, it blends neighborhood charm with convenience. Inside, a welcoming foyer leads to an attached 2-car garage and open-concept upper level with vaulted ceilings, wood floors, and a

    Gina Mulhollam eXp Realty

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  • Sunday, Aug 3
    1:30 - 2:30pm

    7539 Derby Ln, Shakopee, MN 55379

    $269,900

    • 3 Beds
    • 2 Baths
    • 1,671 Sq Ft
    • 7539 Derby Ln
    • New 3 days ago

    This spacious townhome features 3 bedrooms and 2 bathrooms on the same level, vaulted ceilings, stainless steel appliances, open living and dining area, laundry room, and a gas fireplace. Located in a quiet neighborhood but highly accessible to Highway 169, you’ll enjoy access to a community pool and nearby amenities including restaurants, grocery stores, home improvement, and a theater – all

    Eric Swanson Refuge Realty

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Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Shakopee Has More Owners

Demographics

Total Population
48,086
Median Age
37
Population under 18
27.5%
On par with the national average
23.8%
Population over 65
12.2%
Below the national average
19.1%

Finances

Median Household Income
$96,648
Significantly above the national average
$71,702
Average Household Income
$121,405

Education and Workforce

High School Graduates
92.3%
College Graduates
39.1%
Above the national average
34.1%
Advanced Degrees
10.8%
% Population in Labor Force
79.4%
Above the national average
65.1%

Weather

Annual Precipitation
31''
Average Winter Low Temperature
8°F
Average Summer High Temperature
83°F
Annual Snowfall
36''

Area Factors

Somewhat Bikeable

Bike Score®®

36 / 100

Car-Dependent

Walk Score®®

11 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Shakopee