Comprehensive market data and analysis• Updated Dec 2025
15.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | - |
| 1-2 acres | - | - | - | - |
| 2-5 acres | 1 | 1 | 2 | 4 |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | 1 | 1 |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | 1 | 1 | 1 |
| TOTAL | 1 | 2 | 4 | 6 |
Acreage buckets
The median price for land in Shakopee, Minnesota is currently $99K per acre. For a typical parcel, the median sale price is $347K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $172K while premium lots reached $3.8M.
Shakopee, Minnesota is currently a strong buyer's market with 15.0 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have increased 51.8% year-over-year.
Shakopee, Minnesota currently has 15.0 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.
The current absorption rate in Shakopee, Minnesota is 6.7% (3-month basis), indicating slow demand. With appreciating values (+51.8% YoY), the market shows growth potential. The top-performing broker in this market is Kubes Realty Inc.
Land in Shakopee, Minnesota typically sells within 135 days of listing. The median time on market is 132 days. Properties are moving slowly in the current strong buyer's market.
There are currently 10 active listings in Shakopee, Minnesota. 3 new listings have hit the market in the last 90 days. The median asking price is $1.3M.
Land in Shakopee, Minnesota averages $89K per acre. The median price per acre is $99K, which may be more representative of typical transactions. Most parcels sold are around 3.3 acres.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
