The story of this market
The typical home in ZIP 55379 sells for about $400,000, or $205 per square foot.
Prices are up +5.3% from a year ago, so sellers still have some momentum. Homes take about 31 days to sell. HUD's fair market rent for a two-bedroom is $1,568 a month.
ZIP 55379 — Shakopee
The housing market in 55379 remains stable with moderate price appreciation and consistent demand. Low inventory levels continue to support pricing, though buyers are increasingly sensitive to interest rate fluctuations.
This ZIP is ideal for families seeking suburban amenities, commuters working in the southwest metro, and individuals looking for a balance of affordability and access to regional recreation.
Median prices moved up 5.3% year over year.
Homes spend a median of 31 days on market with 3.6 months of supply — a fast-moving market.
12% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.5% · poverty 6.3% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 55379, Scott County MN
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Shakopee generally experiences lower crime rates compared to the national average, with property crime being the most frequently reported incident type.
The area is served by the Shakopee Public School District, which maintains a variety of educational facilities and generally receives moderate to high performance ratings.
The region faces standard Midwestern climate risks, including severe thunderstorms and winter weather, with flood risks primarily concentrated near the Minnesota River valley.
Shakopee serves as a significant employment hub in Scott County, anchored by major attractions like Valleyfair and a growing industrial and logistics sector along the Highway 169 corridor.
Property taxes in this jurisdiction are determined by the Scott County assessor based on market value, with rates reflecting local school district levies and municipal service requirements.
Residents primarily commute via Highway 169 and County Road 101, providing access to the broader Twin Cities metropolitan area employment centers.
The area features extensive outdoor amenities including the Minnesota River, numerous city parks, regional trails, and proximity to major entertainment venues like Valleyfair.
The rental market is characterized by steady demand driven by the area's suburban growth, with a mix of apartment complexes and single-family rentals.
The local economy is diverse, featuring significant employment in manufacturing, logistics, and the entertainment/tourism sector centered around Valleyfair.
The area is served by a network of regional highways including Highway 169 and Highway 13, facilitating transit to the Minneapolis-St. Paul core.
Ongoing development focuses on expanding industrial capacity and residential subdivisions to accommodate population growth.
Scott County utilizes a market-value assessment system to determine property tax liabilities annually.
Parcels are subject to levies from the Shakopee Public School District and various municipal utility and drainage districts.
Property insurance premiums are influenced by regional weather patterns, including wind and hail exposure common in Minnesota.
Data retrieved from US Census Bureau ZCTA profiles.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Mall of America®4.615.8 mi
- Valleyfair4.25.2 mi
- Great Wolf Lodge | Minnesota3.915.6 mi
- Nickelodeon Universe4.515.8 mi
- Edinborough Park4.612.9 mi
- Minneapolis Convention Center4.519.9 mi
- Canterbury Park4.53.9 mi
- Hazelwood Food and Drink Bloomington4.716 mi
- Chanhassen Dinner Theatres4.78.4 mi
- Minnesota Renaissance Festival4.53.7 mi
- Valleyfair4.25.2 mi
- Canterbury Park4.53.9 mi
- University of Minnesota Landscape Arboretum4.89.6 mi
- Paisley Park4.88.6 mi
- Centennial Lakes Park4.712.9 mi
- Minneapolis Institute of Art4.819.3 mi
- University of Minnesota Landscape Arboretum4.89.6 mi
- Walker Art Center4.519.4 mi
- Paisley Park4.88.6 mi
- Mercado Central4.419.5 mi
- University of Minnesota Landscape Arboretum4.89.6 mi
- Centennial Lakes Park4.712.9 mi
- Edinborough Park4.612.9 mi
- Hyland Lake Park Reserve4.79.1 mi
- Bryant Lake Regional Park4.810.9 mi
- Wayzata Yacht Club4.815.6 mi
- Howard's Point Marina4.612.6 mi
- Knotty Oar Marina4.74.4 mi
- Metro Lakes Marina & Rentals LLC.4.515 mi
- Wayzata Bay Charter Cruises on Lake Minnetonka4.711.6 mi
- Braemar Golf Course4.411 mi
- Stonebrooke Golf Club4.30.7 mi
- Legends Golf Club4.79.9 mi
- The Wilds Golf Club4.43.1 mi
- Hazeltine National Golf Club4.77.3 mi
- Asia Mall4.39.5 mi
- Eden Prairie Center4.49.2 mi
- Centennial Lakes Park4.712.9 mi
- Fleet Farm4.311.9 mi
- Hy-Vee Grocery Store4.42.8 mi
- Minneapolis-Saint Paul International Airport4.418 mi
- Shoyu3.718 mi
- Mimosa318 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A major regional amusement park and anchor attraction for the city.
Provides extensive recreational opportunities and natural green space.
A premier golf facility serving the local and regional community.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.