Why Live in Shakopee
Shakopee is a neighborhood with a rich Dakota heritage, home to the Shakopee Mdewakanton Sioux Community (SMSC). The SMSC's Mystic Lake Casino Hotel stands out as one of the major attractions in the Upper Midwest, contributing significantly to the local economy. Shakopee's housing market features a mix of new constructions and existing homes, predominantly built post-2000, with styles ranging from townhouses to single-family homes, often with large yards and multi-car garages. The neighborhood is served by the highly rated Shakopee Public School District and Shakopee High School, known for its strong academic programs and partnerships with local businesses.
Shakopee boasts 35 community parks, over 1,100 acres of green space, and more than 100 miles of trails, with popular spots like Lions Park and Huber Park offering various recreational activities. The Shakopee Community Center and Shakopee Ice Arena provide fitness and winter sports facilities. Cultural attractions include the Hocokata Ti cultural center, which highlights the heritage of the SMSC.
Entertainment options are plentiful, with Canterbury Park hosting horse racing and unique winter events, and Valleyfair amusement park drawing millions of visitors annually. The historic downtown area features long-standing shops and a burgeoning restaurant scene, while ongoing redevelopment along the Minnesota Riverfront aims to enhance commercial and residential amenities. Shakopee is 25 miles from the Twin Cities, with convenient access via U.S. Route 169 and public transportation provided by the Minnesota Valley Transit Authority. The neighborhood experiences lower crime rates compared to the national average, contributing to its appeal for families and commuters alike.
Home Trends in Shakopee, MN
On average, homes in Shakopee, MN sell after 43 days on the market compared to the national average of 50 days. The median sale price for homes in Shakopee, MN over the last 12 months is $397,990, up 1% from the median home sale price over the previous 12 months.
Median Sale Price
$397,990
Median Single Family Sale Price
$467,900
Median Townhouse Sale Price
$345,000
Average Price Per Sq Ft
$211
Number of Homes for Sale
338
Last 12 months Home Sales
662
Median List Price
$465,990
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
1%