Rising home prices in Shakopee in April

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The median sale price of a home sold in April in Shakopee rose by $56,750 while total sales decreased by 31 percent, according to BlockShopper.com.

In April, there were 40 homes sold, with a median sale price of $350,250 - a 19.3 percent increase over the $293,500 median sale price for the same period of the previous year. There were 58 homes sold in Shakopee in April 2021.

The median sales tax in Shakopee for the most recent year with available data, 2019, was $3,086, approximately 0.9 percent of the median home sale price for April.

The following table compares Shakopee to other Scott County cities in April:

CityApril 2022 Home SalesApril 2021 Home Sales% change (Total Home Sales)April 2022 Median Sales PriceApril 2021 Median Sales Price% change (Median Sales Price)
Elko New Market67-14.3$443,950$380,00016.8
Prior Lake3642-14.3$395,000$421,900-6.4
Belle Plaine12933.3$345,000$285,00021.1
New Prague910-10$294,800$210,00040.4

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