Sale prices by area / Shakopee
Shakopee: what homes actually sold for
Every sale below comes from the certificate of real estate value (eCRV) filed with the state when property changes hands. The median arm's-length price in 2026 was $451,755, up 115% from $210,074 in 2015.
Median price (2026)
$451,755
Sales in 2026
380
Investor/entity buyers
11%
Median sale price by year
| Year | Median | Middle half | Sales | Investor share |
|---|---|---|---|---|
| 2015 | $210,074 | $160,000 to $289,975 | 858 | 7.6% |
| 2016 | $220,533 | $171,375 to $299,900 | 872 | 7.3% |
| 2017 | $224,700 | $175,251 to $303,500 | 917 | 10.4% |
| 2018 | $250,000 | $195,000 to $334,250 | 883 | 8.4% |
| 2019 | $270,000 | $210,000 to $359,450 | 931 | 10.2% |
| 2020 | $300,000 | $225,165 to $390,000 | 1,001 | 9.7% |
| 2021 | $350,000 | $250,000 to $450,000 | 1,091 | 14.8% |
| 2022 | $385,670 | $275,000 to $504,333 | 835 | 13.2% |
| 2023 | $385,000 | $292,000 to $525,000 | 733 | 8.9% |
| 2024 | $400,000 | $315,000 to $530,000 | 789 | 10.4% |
| 2025 | $425,000 | $311,000 to $540,000 | 843 | 10.9% |
| 2026 | $451,755 | $317,919 to $566,125 | 380 | 10.8% |
Arm's-length sales only: gifts, related-party transfers, and sales flagged as non-market are excluded, as are prices under $3,000. Investor share counts sales where a buyer is an organization (LLC, trust, company) rather than an individual.
Largest sales in the last 12 months
| 2256 River Rock Lane | August 1, 2025 | $26,600,000 |
| 129 Holmes Street South | December 3, 2025 | $18,000,000 |
| 5201 Dean Lakes Boulevard | May 7, 2026 | $17,011,500 |
| 4301 Dean Lakes Blvd | July 29, 2025 | $6,250,000 |
| 4401 and 4471 Valley Industrial Boulevard South | February 2, 2026 | $5,200,000 |
| 4500 Valley Industrial Boulevard South | April 1, 2026 | $5,000,000 |
| 1610 Lusitano Avenue | March 27, 2026 | $3,561,644 |
| 1776 Mystic Lake Dr S | April 3, 2026 | $3,100,000 |
Large transactions are often commercial or multi-parcel deals, not single homes.
Wondering how your own assessment compares to what homes really sell for? Check your address with the free assessment lookup, run the two-minute appeal checkup, and know this year's appeal deadlines.
Source: Minnesota Department of Revenue eCRV weekly sales extracts, October 2014 to present, updated weekly. Medians and shares are computed from arm's-length sales as described above.