John Canny

Shakopee, MN 55379

Single-Family Homes

The Canny Group | John@TheCannyGroup | 952-221-2818 | Licensed Real Estate Agent in Minnesota & Wisconsin


Shakopee, MN 55379

Sat Apr 04 2026
This week the median list price for Shakopee, MN 55379 is $579,595 with the market action index hovering around 34. This is an increase over last month's market action index of 31. Inventory has decreased to 86. Click here to stay informed with the Shakopee market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Shakopee, MN 55379

Sat Apr 04 2026
This week the median list price for Shakopee, MN 55379 is $579,595 with the market action index hovering around 34. This is an increase over last month's market action index of 31. Inventory has decreased to 86. Click here to stay informed with the Shakopee market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Real-Time Market Profile

Never miss important changes in the Shakopee market.
Median List Price $579,595
Median Price of New Listings $349,900
Per Square Foot $228
Average Days on Market 111
Median Days on Market 56
Price Decreased 35%
Price Increased 2%
Relisted 27%
Inventory 86
Median Rent
Market Action 34
Slight Seller's Advantage

Prices in this zip code hit another all time high this week. You can see that prices continue to march higher. Look for a persistent downtrend in the Market Action Index into the Buyer’s zone as a leading indicator of the price strength finally abating.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$699,950 3,156 0.25 - 0.5 acre 4 3.5 0 0 3 56
$599,990 2,692 0.25 - 0.5 acre 4 3 0 0 2 42
$547,450 2,402 8,000 - 10,000 sqft 4 3 0 2 6 56
$450,000 2,033 6,500 - 8,000 sqft 4 3 1 5 14 56