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MN area data

Shakopee, MN

Shakopee, MN.

Population: 50,041 (Census ACS)

The median home value in Shakopee, MN is $410,448 — up 1.2% over the past year. Homes sell for a median $415,000 after a median 45.5 days on market. Typical rent runs $1,771/month. 16 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively Low, with strongwind, coldwave, hail the top-rated hazards. Cost of living is 2.5% below the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$410,448

Median home value

+1.2%

1-year change

45.5

Median days on market

Relatively Low

Hazard risk (county)

Home values & appreciation

Median home value
$410,448
1-year appreciation
+1.2%
3-year appreciation
+3.3%
5-year appreciation
+11.0%
10-year appreciation
+54.9%
All-time peak (2026-03)
$411,597
House Price Index (state)
429.3 (+3.3% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$415,000
Median list price
$446,990
Median price per sqft
$194
1-year sale-price change
+5.9%
Median days on market
45.5 days
Homes sold (recent period)
173
For-sale inventory
158
Sale-to-list ratio
99.3%
Active listings
153
1-year forecast
-0.4%
Days to pending
32 days
New listings (monthly)
67

Source: recent area sales and market data (ZIP-level)

Rents

Typical rent
$1,771/mo
1-year rent change
+3.0%
Studio fair-market rent
$754/mo
1BR fair-market rent
$943/mo
2BR fair-market rent
$1,176/mo
3BR fair-market rent
$1,529/mo
4BR fair-market rent
$1,764/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Average)
97.5 (100 = US avg)
Electricity rate (state-level)
15.8¢/kWh
Natural gas rate (state-level)
$11.00/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
16
Elementary schools
7
Middle schools
2
High schools
6
Charter schools
1
School districts serving the area
MINNESOTA DEPARTMENT OF CORRECTIONS, Southwest Metro Intermediate 288, Aspire Academy Charter School
Schools include
MN CORRECTIONAL FACILITY-SHAKOPEE, SWMetro Reflections, SWMetro Level 4 Programs, SWMetro Shakopee Special Ed, Aspire Academy Charter School

Source: NCES school directory, 2022-23 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Relatively Low
Top hazards (county)
strongWind, coldWave, hail, heatWave, inlandFlooding
Notable hazard ratings (county)
coldWave: Relatively Moderate · drought: Relatively Low · hail: Relatively Moderate · heatWave: Relatively Moderate · iceStorm: Relatively Low · inlandFlooding: Relatively Moderate
FEMA flood zone
X
Flood risk level
Minimal
Wildfire risk to homes (county)
Higher than 25% of US counties
Buildings in wildfire direct-exposure zone
36.3%
Radon potential (county)
High radon potential — EPA Zone 1 of 3
EPA Superfund (NPL) sites within 5 mi
None
Nearest Superfund site
Freeway Sanitary Landfill (11.2 mi)
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Average annual temperature
47.0°F
Average high
56.0°F
Average low
38.0°F
Annual precipitation
31.5 in
USDA plant hardiness zone
5a (extreme annual low -20 to -15°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Air quality

Air quality rating
Moderate
Median AQI (annual)
51
Days with Good air quality
173
Days with Moderate air quality
175
Days with Unhealthy air quality
5
Highest AQI recorded (year)
179

Source: EPA air quality data (nearest monitoring station, annual)

Walkability & transit

Walkability index
6.3 / 20
Transit service frequency
-99,999
Jobs reachable by car (30 min)
107,392
Jobs reachable by transit (45 min)
91,807

Source: EPA Smart Location Database (metropolitan block groups)

Amenities

National parks within ~60 mi
1
Nearest national park
Mississippi National River & Recreation Area (24 mi)
Airports within 30 mi
26
Nearest airport
Flying Cloud Airport (FCM) (6 mi)
Nearest major airport
Minneapolis–Saint Paul International Airport / Wold–Chamberlain Field (MSP) (17 mi)
Hospitals nearby (~15 mi)
1
Hospitals include
ST FRANCIS REGIONAL MEDICAL CENTER
Avg hospital rating (CMS)
4.0 / 5
Best hospital rating nearby (CMS)
4.0 / 5
Solar radiation rating
Fair (3.8 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)

Migration

Net migration (county)
-6 tax filers

Source: IRS county-to-county migration data (county-level, ~12-month lag)

Housing stock

Median year housing built
1,999
Housing built before 1970
12.1%
Housing built 2000 or later
47.2%
Median annual property tax
$3,730
Mean commute to work
19 min
Households with broadband internet
81.7%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
51,218
Average weekly wage
$1,132
Top industries (by employment)
Construction, Health Care, Accommodation & Food
Annual residential building permits (county)
609

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

ShakopeeState medianUS median
Median home value$410,448$304,931$289,727
Median sale price$415,000$315,500$325,000
Median days on market46 days39 days51 days
Typical rent$1,771/mo$1,678/mo$1,808/mo
Median annual property tax$3,730$2,128$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the median home value in Shakopee, MN?
$410,448.
What is the median sale price in Shakopee, MN?
$415,000.
How long do homes take to sell in Shakopee, MN?
Median days on market: 45.5 days.
What is typical rent in Shakopee, MN?
Typical rent: $1,771/month.
What is the natural-hazard risk in Shakopee, MN?
Overall risk: Relatively Low (FEMA NRI, county-level). Top hazards: strongWind, coldWave, hail, heatWave, inlandFlooding.
Is Shakopee, MN in a flood zone?
Minimal (FEMA NFIP). FEMA flood zone X.
What is the wildfire risk in Shakopee, MN?
Risk to homes is higher than 25% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in Shakopee, MN?
High radon potential — EPA Zone 1 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near Shakopee, MN?
No current or proposed National Priorities List sites within 5 miles (EPA).
How many schools serve Shakopee, MN?
16 schools (7 elementary, 2 middle, 6 high) (NCES, 2022-23).
Is Shakopee, MN walkable?
Walkability index: 6.3/20 (EPA Smart Location Database).
What is the air quality in Shakopee, MN?
Moderate. Median AQI: 51. (EPA AQI).
What is the cost of living in Shakopee, MN?
Regional Price Parity: 97.5 (100 = US average) (Average) (BEA RPP, metro/state-level).

ZIP code for Shakopee

Selling a home in Shakopee, MN?

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Data last updated

Most recent source refresh: Sep 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents