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Shakopee housing market, December 2025

Past report · Minneapolis Area REALTORS® Local Market Update · current as of January 8, 2026. See the newest report (September 2026)

  • Median sale price$460K+16.2% vs. December 2024
  • Homes sold69+30.2% vs. December 2024
  • Days on market54December 2025
  • Months of supply2.4end of December 2025

The short version

Shakopee in December 2025

In December 2025, 69 homes sold in Shakopee, against 53 in December 2024.

The median sale price was $460,000, up 16.2% from a year earlier, and homes spent 54 days on market, with sellers receiving 96.7% of their original list price.

The month ended with 142 homes for sale, 2.4 months of supply (a seller’s market by the usual measure).

Over the 12 months through December 2025, the median was $413,433 (up 3.4%) across 688 sales.

That was the 22nd highest median sale price of the 71 cities in our guides with at least 10 sales that month.

Median sale price by month through December 2025, Shakopee
300k400k500k600kOct 2024Jan 2025Apr 2025Jul 2025Oct 2025Dec 2025$375,000Oct 2024$375,000Nov 2024$400,000Dec 2024$395,790Jan 2025$454,950Feb 2025$401,495Mar 2025$412,000Apr 2025$390,250May 2025$449,900Jun 2025$373,500Jul 2025$396,000Aug 2025$412,994Sep 2025$379,000Oct 2025$408,000Nov 2025$474,900$460,000Dec 2025$460,000

Single months can swing when few homes sell.

Show as a table
YearMedian price
Oct 2024$375,000
Nov 2024$400,000
Dec 2024$395,790
Jan 2025$454,950
Feb 2025$401,495
Mar 2025$412,000
Apr 2025$390,250
May 2025$449,900
Jun 2025$373,500
Jul 2025$396,000
Aug 2025$412,994
Sep 2025$379,000
Oct 2025$408,000
Nov 2025$474,900
Dec 2025$460,000

All the numbers

Shakopee, December 2025 vs. December 2024

December 202512 months through December 2025
MeasureYear beforeThis yearChangeYear beforeThis yearChange
Median sale price$395,790$460,000+16.2%$400,000$413,433+3.4%
Average sale price$418,445$444,864+6.3%$431,557$436,807+1.2%
Price per square foot$194$189−2.7%$197$197+0.3%
Closed sales5369+30.2%655688+5.0%
New listings66660.0%1,1391,271+11.6%
Days on market54540.0%4045+12.5%
% of original list price received97%96.7%−0.3%98.5%98.5%0.0%
Homes for sale (end of month)153142−7.2%———
Months of supply2.82.4−14.3%———
Twin Cities region, median price$370,000$380,000+2.7%$380,000$390,000+2.6%

Source: Minneapolis Area REALTORS® Local Market Update, Shakopee, December 2025. Data from NorthstarMLS; produced by ShowingTime Plus, LLC; current as of January 8, 2026. Does not account for seller concessions. Activity for one month can sometimes look extreme due to small sample size.

Quick answers

Shakopee in December 2025: questions

What was the median home price in Shakopee, MN in December 2025?

$460,000, from 69 sales (up 16.2% from December 2024), according to the Minneapolis Area REALTORS® Local Market Update (NorthstarMLS data).

How many homes sold in Shakopee, MN in December 2025?

69, against 53 in December 2024. 66 new listings came on the market that month.

Was Shakopee a buyer's or seller's market in December 2025?

Shakopee ended December 2025 with 2.4 months of supply (142 homes for sale). Under about 4 months usually favors sellers; over about 6 favors buyers.

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