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Shakopee

Shakopee

$464,721 Average Value
$209 Average Price per Sq Ft
288 Homes For Sale

Shakopee is an entertainment hub near the Twin Cities

Shakopee is a lively city on the banks of the Minnesota River. While the proximity to Minneapolis is a draw, destinations like Canterbury Park and the Minnesota Renaissance Festival set this community apart from the rest of the Twin Cities’ suburbs. A historic downtown, smaller events and an extensive park system help create a cozy atmosphere despite the many tourists.

Motorists coming from the north are greeted with this sign that honors Native Americans.
Motorists coming from the north are greeted with this sign that honors Native Americans.
Historic downtown Shakopee has restaurants and local businesses.
Historic downtown Shakopee has restaurants and local businesses.
The historic downtown of Shakopee overlooks the river valley.
The historic downtown of Shakopee overlooks the river valley.
The riverfront is a major landmark to the city.
The riverfront is a major landmark to the city.
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New homes make up most of the market, costing less than in Prior Lake

While you can find some Victorian-era homes from the late 1800s and early 1900s near the city center, most of the market consists of mid-20th-century ranch-style houses and newer construction like modern Craftsman builds. Prices generally range from the mid-$200,000s to the mid-$800,000s, but larger homes can cost up to $1.4 million. Townhouses cost between the high $100,000s and the mid-$600,000s. The median single-family home price is in the high $400,000s, which is less expensive than the neighboring city of Prior Lake.

New home developments are being constructed in Shakopee.
New home developments are being constructed in Shakopee.
More expensive properties can be found father south.
More expensive properties can be found father south.
Prairie Meadows is a recent housing development in Shakopee.
Prairie Meadows is a recent housing development in Shakopee.
Older mid-20th-century ranch-style houses are common.
Older mid-20th-century ranch-style houses are common.
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A racecourse, casino and amusement park draw in crowds of people

“Shakopee has designed itself to be the entertainment hub south of the river,” says Realtor Brock Dombrovski with Meta Realty, who has been working in the area for over 20 years. Part of this comes from destinations like the nearby Mystic Lake Casino Hotel, which is the largest Casino in Minnesota, and Canterbury Park. While it is primarily a racecourse, the venue also hosts concerts, festivals and other athletic events throughout the year. “In the winter, they have skijoring, when people on skis are pulled by horses,” Drombrovski says. “They also have snowmobile and wiener dog races. Our dog actually won Grand Champion in 2019.” People also visit Shakopee for Valleyfair, an amusement park with roller coasters and a waterpark.

Restaurants in a charming downtown and near Canterbury Park

“Shakopee has a historic downtown with old-fashioned stores like Bill’s Toggery,” Dombrovski says, referencing a local menswear store that opened in 1931. There are also plenty of restaurants to choose from, both downtown and around Canterbury Park. Dombrovski recommends O’Brien’s Public House, saying it’s a “high-end, swanky Irish pub. It’s a hot spot. A lot of my friends like to go there for apps and dinner.” Other options include:

  • Bravi’s Craft Mexican Kitchen, which is known for its craft cocktails and modern takes on Mexican dishes
  • Mana Brewing, where you can enjoy a wood-fired pizza with your drink
  • Mallards Restaurant and Lounge, a family-owned restaurant that serves Southern comfort food
  • Bun Mee, a Vietnamese restaurant with an attached boba tea cafe
Most people head to the shops along U.S. Highway 169 for groceries and everyday essentials, including Hy-Vee and Target.

O'Brien's Public House is a popular spot for dinner.
O'Brien's Public House is a popular spot for dinner.
Bars and restaurants line 1st Avenue East.
Bars and restaurants line 1st Avenue East.
You order at the counter at Shakopee Brewhall.
You order at the counter at Shakopee Brewhall.
Bravi's Craft Mexican Kitchen enjoys making modern Mexican dishes that everyone can enjoy.
Bravi's Craft Mexican Kitchen enjoys making modern Mexican dishes that everyone can enjoy.
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Shakopee hosts the Minnesota Renaissance Festival and smaller events

Every year, the Minnesota Renaissance Festival opens its gates to hundreds of thousands of attendees dressed in costumes and looking forward to jousting and exploring over 250 vendors. It is one of the largest Renaissance fairs in the country and runs every weekend from August to October. Shakopee has several other events throughout the year, including:

  • Huber Park Concert Series, a weekly free concert or movie night from June through August
  • Tap Brew Fest, a craft beer festival in downtown Shakopee every September
  • Summer Carnival, a kid-friendly event with games and activities like face painting every August

Students attend highly rated Shakopee Public Schools

Most families enroll in the Shakopee Public School District, which earns an A from Niche. At the A-minus-rated Shakopee High School, students can join one of eight career academies, such as human services or arts and communication. Private options include Shakopee Area Catholic School, which teaches prekindergarten through eighth grade and receives a B.

Shakopee High School has eight academies.
Shakopee High School has eight academies.
Students can attend Shakopee West Middle School.
Students can attend Shakopee West Middle School.
Red Oak Elementary School provides education to the youngest students.
Red Oak Elementary School provides education to the youngest students.
Shakopee Area Catholic School provides private education.
Shakopee Area Catholic School provides private education.
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Many people commute to Minneapolis, 30 minutes away

Major employers include entertainment venues like the casino and facilities for Fortune 500 companies like Emerson. Even with so many manufacturing and hospitality jobs in the area, longtime resident and Realtor Karen Sandstrom with Re/Max Results says, “Most people commute to Minneapolis for work.” U.S. Route 169 goes through the area and eventually merges with Interstate 494. You can reach downtown Minneapolis in about 25 miles (30 minutes) and downtown Saint Paul in about 30 miles (40 minutes). Getting around Shakopee itself is much quicker. “You can get anywhere in town in about five minutes,” Sandstrom says. Public transportation is somewhat limited, but there are Metro Valley Transit Authority buses and park-and-ride stations. Bike paths like the Minnesota Valley State Trail, which leads to Chaska, make cycling another option for shorter trips.

Locals head to Lions Park and Huber Park

Shakopee’s extensive park system spans more than 1,100 acres and includes more than 100 miles of trails. Lions Park is one of the larger community parks, with an accessible playground and a disc golf course. It is also home to SandVenture Aquatic Park, which has a pool and a waterslide that are open in the summer. Huber Park is a little smaller but draws just as many residents with its walking trails and amphitheater. Golfers can practice their swing at Stonebrook Golf Club, which has an 18-hole public course.

You can play disc golf at Lions Park.
You can play disc golf at Lions Park.
Huber Park has a playground.
Huber Park has a playground.
Stonebrooke Golf Course is open to the public and just north of Lake O'Dowd.
Stonebrooke Golf Course is open to the public and just north of Lake O'Dowd.
Shakopee Ice Arena hosts figure skating and hockey.
Shakopee Ice Arena hosts figure skating and hockey.
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Zia Sampson
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Zia Sampson
Derek Fowler
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Derek Fowler

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Parks in this Area

Area Facts

Number of Homes
13,995
Number of Homes for Sale
288
Median Year Built
1999
Months of Supply
3.40
Average Single Family Home Size Sq Ft
1,858
On par with the national average
1,935
Average Townhouse Size Sq Ft
1,792
Average 1 Bedroom Size Sq Ft
588
Median Lot Size Sq Ft
9,583

Open Houses

Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Shakopee Has More Owners

Rental Home Trends

Number of Homes for Rent
24
Median Rent
$2,222
Median Single Family Home Rent
$2,300
Median 4 Bedroom Single Family Home Rent
$2,850
Median Townhouse Rent
$1,995
Median 3 Bedroom Townhouse Rent
$3,795
Median Condo Rent
$2,250
Median 2 Bedroom Condo Rent
$2,250

Demographics

Total Population
48,086
Median Age
37
Population under 18
27.5%
On par with the national average
23.8%
Population over 65
12.2%
Below the national average
19.1%

Finances

Median Household Income
$96,648
Above the national average
$79,597
Average Household Income
$121,405

Education and Workforce

High School Graduates
92.3%
College Graduates
39.1%
On par with the national average
34.1%
Advanced Degrees
10.8%
% Population in Labor Force
79.4%
Above the national average
64.9%

Weather

Annual Precipitation
31''
Average Winter Low Temperature
8°F
Average Summer High Temperature
83°F
Annual Snowfall
36''

Area Factors

Fairly bikeable

Bikeability®

50 / 100

Somewhat walkable

Walkability®

30 / 100
Source: Local Logic
Sources: Local Logic

Local Logic measures the walkability, access to public transit and bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Shakopee