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Shakopee, MN Housing

 
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As of 2010-2014, median price of a house in Shakopee is $210,700, which is higher than the state average of $185,200 and is higher than the national average of $175,700. The Shakopee median house value has grown by 48.90% since 2000. The growth rate for the price of a house in Shakopee is lower than the state average rate of 51.31% and is about the same as the national average rate of 46.91%. The median year that a house in Shakopee was built is 1997, which is newer than the median year for a house built in the state which is 1975 and is newer than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 10,011 Owner Occupied Houses in Shakopee, MN, #99
Shakopee, MN
210,700 USD
Minnesota
185,200 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #521
Shakopee, MN
48.90%
Minnesota
51.31%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Shakopee, MNMinnesotaU.S.
Total Housing Units13,459, see rank, 100%2,364,149132,741,033
Occupied Housing Units12,981, 96.45%, see rank89.48%87.55%
Owner Occupied10,011, 74.38%, see rank64.51%56.34%
Renter Occupied2,970, 22.07%, see rank24.96%31.21%
Vacant Housing Units478, 3.55%, see rank10.52%12.45%
For Rent111, 0.82%, see rank1.22%2.34%
For Sale Only37, 0.27%, see rank0.96%1.20%
Rented or Sold, Not Occupied20, 0.15%, see rank0.68%0.92%
For Seasonal, Recreational, or Occasional Use67, 0.50%, see rank5.29%3.97%
For Migrant Workers0, 0.00%, see rank0.01%0.03%
Other Vacant243, 1.81%, see rank2.36%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #20
Shakopee, MNMinnesotaU.S.
199719751976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Shakopee, MN%MinnesotaU.S.
Owner-Occupied Units10,011100%1,525,20174,787,460
With a Mortgage8,49284.83%, see rank68.78%65.58%
Without a Mortgage1,51915.17%, see rank31.22%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Shakopee, MN
1,741 USD
Minnesota
1,526 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsShakopee, MN%MinnesotaU.S.
$299 or Less00.00%, see rank0.18%0.20%
$300 to $499991.17%, see rank1.30%1.59%
$500 to $6991091.28%, see rank4.08%5.01%
$700 to $9996537.69%, see rank12.50%14.32%
$1,000 to $1,4992,35827.77%, see rank30.43%27.90%
$1,500 to $1,9992,28026.85%, see rank25.36%20.35%
$2,000 to $2,9992,45628.92%, see rank19.32%19.52%
$3,000 or More5376.32%, see rank6.84%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Shakopee, MN
21.80% of the Total Income
Minnesota
22.50% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Shakopee, MN%MinnesotaU.S.
10% or Less2502.94%, see rank6.13%5.86%
10% to 20%3,38539.86%, see rank35.03%31.95%
20% to 30%2,70631.87%, see rank30.01%27.64%
30% to 40%1,04412.29%, see rank12.88%13.74%
40% or More1,06012.48%, see rank15.67%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Shakopee, MN
477 USD
Minnesota
475 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsShakopee, MN%MinnesotaU.S.
$199 or Less644.21%, see rank4.45%7.76%
$200 to $29915510.20%, see rank10.96%14.70%
$300 to $49962741.28%, see rank39.99%34.63%
$500 to $69939025.67%, see rank27.38%21.16%
$700 or More28318.63%, see rank17.23%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Shakopee, MN
10.00% of the Total Income
Minnesota
11.50% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Shakopee, MN%MinnesotaU.S.
10% or Less79552.34%, see rank43.57%40.19%
10% to 20%38025.02%, see rank31.28%31.47%
20% to 30%17211.32%, see rank11.58%12.24%
30% to 40%1147.50%, see rank5.05%5.64%
40% or More573.75%, see rank7.69%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Shakopee, MNMinnesotaU.S.
Total Housing Units13,459, 100%2,364,149132,741,033
1-unit, Detached7,590, 56.39%, see rank67.25%61.65%
1-unit, Attached3,896, 28.95%, see rank7.45%5.82%
2 Units160, 1.19%, see rank2.34%3.75%
3 or 4 Units157, 1.17%, see rank2.08%4.43%
5 to 9 Units164, 1.22%, see rank2.23%4.78%
10 or More Units1,428, 10.61%, see rank15.14%13.08%
Mobile Home, Boat, RV, Van, etc.64, 0.48%, see rank3.52%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Shakopee, MNMinnesotaU.S.
Total Housing Units13,459, 100%2,364,149132,741,033
1 Room12, 0.09%, see rank1.54%1.95%
2 Rooms189, 1.40%, see rank2.83%2.48%
3 Rooms928, 6.90%, see rank9.20%9.13%
4 Rooms1,713, 12.73%, see rank14.05%16.60%
5 Rooms2,422, 18.00%, see rank15.52%20.41%
6 Rooms2,090, 15.53%, see rank14.98%18.06%
7 Rooms1,763, 13.10%, see rank12.86%12.27%
8 Rooms1,717, 12.76%, see rank11.01%8.48%
9 Rooms or More2,625, 19.50%, see rank18.01%10.60%
Median Rooms6.20, see rank6.005.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Shakopee, MNMinnesotaU.S.
Total Housing Units13,459, 100%2,364,149132,741,033
No Bedroom12, 0.09%, see rank1.76%2.17%
1 Bedroom967, 7.18%, see rank11.71%11.16%
2 Bedrooms3,328, 24.73%, see rank26.64%26.69%
3 Bedrooms4,428, 32.90%, see rank34.15%39.70%
4 Bedrooms3,717, 27.62%, see rank19.81%16.05%
5 or More Bedrooms1,007, 7.48%, see rank5.94%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Shakopee, MNMinnesotaU.S.
Total Housing Units12,981, 100%2,115,337116,211,092
Utility Gas11,010, 84.82%, see rank66.78%48.85%
Bottled, Tank, or LP Gas135, 1.04%, see rank10.05%4.86%
Electricity1,679, 12.93%, see rank16.13%36.68%
Fuel Oil, Kerosene, etc.21, 0.16%, see rank2.62%5.86%
Coal or Coke0, 0.00%, see rank0.03%0.12%
Wood48, 0.37%, see rank2.55%2.12%
Solar Energy0, 0.00%, see rank0.02%0.05%
Other Fuel34, 0.26%, see rank1.17%0.47%
No Fuel Used54, 0.42%, see rank0.65%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalShakopee, MNMinnesotaU.S.
Occupied Units Paying Rent2,879, 100%562,19839,201,928
$199 or Less11, 0.38%, see rank2.46%1.50%
$200 to $299121, 4.20%, see rank4.66%3.18%
$300 to $499232, 8.06%, see rank9.32%7.37%
$500 to $699129, 4.48%, see rank17.06%16.01%
$700 to $999834, 28.97%, see rank33.30%29.17%
$1,000 to $1,4991,243, 43.17%, see rank23.49%26.88%
$1,500 to $1,999237, 8.23%, see rank7.02%9.79%
$2,000 or More72, 2.50%, see rank2.69%6.10%
Median$1,047, see rank$835$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Shakopee, MNMinnesotaU.S.
Occupied Housing Units12,981, 100%2,115,337116,211,092
No Vehicles Available518, 3.99%, see rank7.25%9.12%
1 Vehicles Available3,251, 25.04%, see rank30.11%33.80%
2 Vehicles Available6,993, 53.87%, see rank40.67%37.48%
3 or More Vehicles Available2,219, 17.09%, see rank21.97%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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