Zip 55379 (Shakopee, MN) Housing

The housing market in Shakopee, MN (55379) is slightly below the US average with a median value of $357,100 compared to the US median of $338,100. However, over the past year, the appreciation rate has still been remarkable at 6.82%, slightly lower than the national average of 8.27%. This shows that although Shakopee may not be quite up to par with other larger markets in terms of price point and appreciation rate, it still offers strong performance when it comes to housing investments.

The median home cost in Shakopee (zip 55379) is $357,100. Home appreciation the last 10 years has been 89.8%. Home Appreciation in Shakopee (zip 55379) is up 11.0%.

Average Age of Homes

- The median age of Shakopee (zip 55379) real estate is 20 years old

The Rental Market in Shakopee (zip 55379)

- Renters make up 21.4% of the Shakopee (zip 55379) population
- 0.1% of houses and apartments in Shakopee (zip 55379), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Shakopee, Minnesota	United States
	17,017.0	139,647,020.0
	23	42
	$357,100	$338,100
	11.0%	16.6%
	45.3%	57.0%
	89.8%	101.1%
	$11.21	$10.98
	$3,363	$2,690
	72.8%	57.4%
	2.2%	11.2%
	25.0%	31.4%
Vacant Housing
	0.1%	1.9%
	0.0%	0.4%
	0.7%	0.7%
	0.4%	0.4%
	0.5%	3.6%
	0.4%	4.1%
Value of Owner-Occupied Housing
	2.8%	2.6%
	0.7%	2.4%
	0.0%	2.8%
	0.0%	3.9%
	0.7%	4.5%
	3.8%	11.3%
	12.3%	13.0%
	29.6%	20.1%
	24.2%	13.6%
	14.1%	8.3%
	9.1%	9.7%
	1.9%	3.9%
	0.4%	2.2%
	0.0%	0.8%
	0.3%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	32.6%	13.6%
	32.6%	13.6%
	24.1%	13.6%
	8.8%	13.2%
	8.7%	14.8%
	24.1%	13.6%
	4.0%	10.0%
	0.7%	4.7%
	3.9%	12.2%

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