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Shakopee housing market, April 2026

Past report · Minneapolis Area REALTORS® Local Market Update · current as of May 7, 2026. See the newest report (September 2026)

  • Median sale price$422K+8.0% vs. April 2025
  • Homes sold53−24.3% vs. April 2025
  • Days on market55April 2026
  • Months of supply2.9end of April 2026

The short version

Shakopee in April 2026

In April 2026, 53 homes sold in Shakopee, against 70 in April 2025.

The median sale price was $421,500, up 8.0% from a year earlier, and homes spent 55 days on market, with sellers receiving 97.9% of their original list price.

The month ended with 165 homes for sale, 2.9 months of supply (a seller’s market by the usual measure).

Over the 12 months through April 2026, the median was $410,499 (up 2.6%) across 656 sales.

That was the 36th highest median sale price of the 77 cities in our guides with at least 10 sales that month.

Median sale price by month through April 2026, Shakopee
300k400k500k600kOct 2024Feb 2025Jun 2025Oct 2025Feb 2026Apr 2026$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$474,900Dec 2025$460,000Jan 2026$382,250Feb 2026$424,995Mar 2026$376,295$421,500Apr 2026$421,500

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
Jan 2026$382,250
Feb 2026$424,995
Mar 2026$376,295
Apr 2026$421,500

All the numbers

Shakopee, April 2026 vs. April 2025

April 202612 months through April 2026
MeasureYear beforeThis yearChangeYear beforeThis yearChange
Median sale price$390,250$421,500+8.0%$399,995$410,499+2.6%
Average sale price$429,645$450,060+4.8%$427,805$439,418+2.7%
Price per square foot$199$201+1.1%$199$197−0.8%
Closed sales7053−24.3%668656−1.8%
New listings111135+21.6%1,1781,291+9.6%
Days on market5155+7.8%4146+12.2%
% of original list price received99.3%97.9%−1.4%98.6%98.2%−0.4%
Homes for sale (end of month)141165+17.0%———
Months of supply2.52.9+16.0%———
Twin Cities region, median price$399,900$392,000−2.0%$384,000$390,000+1.6%

Source: Minneapolis Area REALTORS® Local Market Update, Shakopee, April 2026. Data from NorthstarMLS; produced by ShowingTime Plus, LLC; current as of May 7, 2026. Does not account for seller concessions. Activity for one month can sometimes look extreme due to small sample size.

Quick answers

Shakopee in April 2026: questions

What was the median home price in Shakopee, MN in April 2026?

$421,500, from 53 sales (up 8.0% from April 2025), according to the Minneapolis Area REALTORS® Local Market Update (NorthstarMLS data).

How many homes sold in Shakopee, MN in April 2026?

53, against 70 in April 2025. 135 new listings came on the market that month.

Was Shakopee a buyer's or seller's market in April 2026?

Shakopee ended April 2026 with 2.9 months of supply (165 homes for sale). Under about 4 months usually favors sellers; over about 6 favors buyers.

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