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Shakopee is located in the southwestern part of the state of Minnesota and a city and seat of Scott County. The city is on the southern bank end of the Minnesota River and is one of the nearby suburbs that comprises the southwestern part of the Minneapolis-St. Paul. Shakopee’s river banks contain numerous burial mounds that were built by prehistoric cultures. Chief Shakopee of the Mdewakanton Dakota was able to establish his tribe’s village located on the eastern end near the water in the 18th Century. The trading that was developed during the time led to the city’s founding and the establishment and eventually made Shakopee’s commercial exchange boomed as an exchange site that happens in between the river and rail at Murphy’s Landing. By the 1960s Shakopee was tied to those cities that were expanding economically in the metropolitan area. Shakopee is one of the best places to stay in Scott County, with its close-knit community, dense suburban setup, and great public schools. More than 40,000 people call the city their home, and around 75% of them own their homes. The median home value in Shakopee is $241,100, which is significantly higher than the national average of $184,700. The median household income in the city is also above the national average of $55,322 at $84,400. Most residents have a conservative outlook in life. There is no shortage of things to do in Shakopee, no matter what the season. Tourists can attend exciting fairs, explore scenic nature trails, and beat the heat at water theme parks. Meanwhile, winter is the perfect time for ice skating, ice fishing, and other activities.

Home Prices

AVERAGE
380,865 -1%
MEDIAN
355,050 -1%

Relative Price (per sqft.)

PRICE
157 +8%

Listings

ACTIVE
84 -46%
NEW
76 -17%

Market Duration

DAYS
37 -19%
Population 39,167 (85.70%)
House Size (sqft.) 2,063 (-6.07%)