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Rent To Own Homes in Shakopee, MN

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Shakopee, MN Foreclosures

How much do homes sell for in Shakopee, MN?
The average home price is currently $442,456.
In Shakopee, MN, how many homes are available?
There are currently 5 active home listings available in Shakopee.
What’s the average rental cost in Shakopee, MN?
The average rental price in Shakopee is $1,808.
What is the most expensive home in Shakopee?
The most expensive home sold in Shakopee had a price of $24,608,554.
What is currently the cheapest priced home in Shakopee, MN?
The cheapest home for sale in Shakopee is priced at $49,779.

Living in Shakopee, MN

Shakopee, located in Scott County, Minnesota, is a vibrant city rich in culture and history. It offers a mix of suburban living, access to nature, and modern amenities. With a growing population, Shakopee provides numerous recreational opportunities, excellent schools, and a diverse range of housing options.

Current Market Conditions in Shakopee, MN

The real estate market in Shakopee has remained competitive over the past year, with low inventory levels leading to increased prices. As more people seek to live in the area due to its amenities and strong school system, demand continues to rise. Recent developments in residential housing have also contributed to this growth, appealing to both families and young professionals.

According to recent statistics, homes in Shakopee sold at a faster pace than the previous year, signaling a robust market. The area has seen a healthy mix of single-family homes and townhouses catering to various budgets and lifestyles.

Investors are increasingly eyeing Shakopee due to its potential for long-term growth, driven by ongoing infrastructure improvements and housing developments.

Home Value Estimator For Shakopee, MN

There are currently 14,095 real estate properties in Shakopee, MN, with a median automated valuation model (AVM) price of $390,600.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Shakopee, MN, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Shakopee, MN, is $442,456.00, with the most expensive house in Shakopee, MN, topping out at $24,608,554.00 and the cheapest home in Shakopee, MN, clocking in at $49,779.00. In other words, there’s something for every potential homebuyer or savvy investor in Shakopee, MN!

Rent Prices In Shakopee, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Shakopee, MN, is on a rollercoaster ride. The average rent price in Shakopee, MN, is $1,808.00. Indeed, when looking to rent in Shakopee, MN, you can expect to pay as little as $720.00 or as much as $4,160.00, with the average rent median estimated to be $1,700.00. The good news is that finding an affordable and desirable property to rent in Shakopee, MN -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Shakopee, MN Rent To Own Homes

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