Property prices for sale in Shakopee (Minnesota)

The prices in real estate in Shakopee, in the Minnesota region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city

$449,817.67
Average price last 6 months
$532
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Shakopee has fallen in the last 6 months. In October, the average price per sq.feet was $566. In the following month the price per sq.feet increased considerably to $898. The price for the following two months in (December, January) had a considerable decrease of 27 with regard to the prior two months. The price per sq.feet has had a considerable increase of 143 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $465 to $666 during February, and March.

Average price

Based upon to the price in Shakopee (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $459,429. In November This price remains at $440,636. In the following two months the average price has remained the same with regard to the previous two months from $450,032.5 to $433,556. Based on an analysis of the first four prices and the last two months the average price has gone up 105 % during the last two months.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $449,122 they are 82 % more affordable than the average price for Shakopee. The properties with the highest average price have 4 bedrooms, Their price is 15 % more costly than the average. After that we have properties with 3 bedrooms priced at $403,781.

With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $80 / sq.feet, with an average $1,128 / sq.feet price in Shakopee. The properties with the lowest average prices have 4 bedrooms. They are 82 % cheaper than the average followed by properties with 3 bedrooms with a price at $201 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $449,122 it is 37 % cheaper than the average price in Shakopee. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Apartment" followed by "Commercial". At a price of $362,911 it is 13 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $107 / sq.feet followed by "House" priced at $178 / sq.feet. "Condo" is the cheapest type of property with a $225 / sq.feet value followed by "Apartment" with an average price of $198 / sq.feet.

Charts data
Average price March
Average price per sq.feet March
Number of properties used in Shakopee
Number of properties used in region Minnesota
$449,122
$1,128
4,034
370,576
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value