Call or Text (240) SELL-123
Spring Lake

SHAKOPEE, MN 55379

Real Estate Market Report  ·  Scott County
Balanced Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 55379

Spring Lake

Market Analysis

Data as of February 2026. Source: Realtor.com.

The SHAKOPEE, MN real estate market (55379) currently shows 155 active listings, with 63 pending sales. Homes are averaging 37 days on the market before going under contract.

Inventory has tightened compared to last year, with 9 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 37 days on market compared to 31 days last year.

The median listing price has fallen 2.1% year-over-year, from $522,465 to $511,348.

Whether you are buying or selling in SHAKOPEE, MN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for SHAKOPEE, MN 55379 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

Population: 48,318  ·  Density: 322.3/mi²  ·  Median household income: $103,278

Typical home value: $352,401  ·  Homeownership: 73.4%

Market Overview

Active Listings
155
⇩ 5.5% vs 164 last year
Pending
63
41% pending ratio
Median Price
$511,348
⇩ 2.1% vs $522,465 last year
Average Price
$528,645
⇧ 4.1% vs $508,014 last year
Days on Market
37
⇧ 19.4% vs 31 days last year

Price Per Square Foot

Median $/sqft
$214
⇧ 0.9% vs $212/sqft last year
Median Home Size
2,427 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 155 this year vs 164 last year
  • Days on market: 37 now vs 31 last year

Median & Average Pricing

Year over Year
  • Median: $511,348 (-2.1% YoY)
  • Average: $528,645 (+4.1% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 13.5 miles — 758 listings ($668,541,346 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
55379Shakopee, MN 553790.0 mi154$80,830,288$509,950$524,872
55318Chaska, MN 553187.1 mi102$77,189,010$650,000$756,755
55372Prior Lake, MN 553727.4 mi99$97,086,825$775,000$980,675
55352Jordan, MN 553527.7 mi26$18,281,562$547,611$703,137
55315Carver, MN 553158.6 mi31$19,387,183$566,210$625,393
55346Eden Prairie, MN 553468.7 mi18$8,674,740$489,900$481,930
55386Victoria, MN 5538610.1 mi26$19,372,756$729,900$745,106
55331Excelsior, MN 5533111.1 mi107$242,654,386$1,695,000$2,267,798
55431Minneapolis, MN 5543111.2 mi22$9,055,420$399,900$411,610
55337Burnsville, MN 5533712.0 mi82$24,152,198$270,000$294,539
55435Minneapolis, MN 5543512.1 mi39$11,873,121$147,450$304,439
55420Minneapolis, MN 5542013.0 mi25$7,971,300$339,900$318,852
55424Minneapolis, MN 5542413.5 mi27$52,012,557$1,950,000$1,926,391

Frequently Asked Questions

How many homes are for sale in SHAKOPEE, MN 55379?

As of February 2026, there are 155 active listings in SHAKOPEE, MN (zip code 55379), compared to 164 the prior year.

What is the median home price in SHAKOPEE, MN 55379?

The median listing price in SHAKOPEE, MN 55379 is $511,348 as of February 2026, a 2.1% decrease from $522,465 the prior year.

How long do homes stay on the market in SHAKOPEE, MN?

Homes in SHAKOPEE, MN 55379 spend an average of 37 days on the market before going under contract, compared to 31 days the prior year.

Is it a seller's or buyer's market in SHAKOPEE, MN 55379?

Based on current inventory and days-on-market data as of February 2026, SHAKOPEE, MN 55379 is currently a Balanced Market. Inventory has tightened compared to last year, with 9 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 37 days on market compared to 31 days last year.

How much can I save on real estate commission in SHAKOPEE, MN?

With SELL123.com's maximum 3% commission, sellers in SHAKOPEE, MN 55379 save an estimated $10,227 compared to a typical 5% commission on the median listing price of $511,348. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.