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Market Snapshot
With its small town charm and the advantages of the sixth-largest metro area in the nation, Shakopee brings the Midwest to life. This rather small yet scenic city in the Minnesota River Valley has been the backdrop of many Hollywood films. From its glorious past to its promising future, and from its educated and progressive community to its unique attractions – Shakopee gives you many reasons to fall for it.
It has grown rapidly as a bedroom community to the Twin Cities metro area. Manufacturing, healthcare, and financial services are its primary employment sectors. In 2013, Forbes included it in its ranking of Best Places for Business and Careers.
A move into the city means a new boost to your career anyway. Getting absorbed by a Fortune 500 company is only a matter of time. Ameriprise Financial, Xcel Energy, UnitedHealth Group, and others are all having large-scale operations here. You can also try your luck with foreign companies like Canadian Pacific and Allianz. Even within your city, Rahr Malting Corp., Amazon and others are hiring.
Shakopee’s biggest attraction is Valleyfair, the fun amusement park for all ages. An ideal event to step back in time is the Minnesota Renaissance Festival. To dig deep, visit The Landing, a historic village just outside the downtown area. Need gambling excitement? Your destination is the Mystic Lake Casino. Horse racing or horseback riding – you get the best of it at Canterbury Park. For golf snobs, there is the Stonebrooke Golf Club. Whether it is a want, need, or desire, Shakopee has shops and boutiques to meet that. Looking for dining options? Tokyo Sushi & Grill and Pablo’s Mexican Cantina are two of the city’s best restaurants.
Planning to buy in the city? NewHomeSource’s property listing page can be a great resource. New constructions of various types in the range of the upper 300Ks to the mid 400Ks are featured on this page. Relax! All the homes come from the nation’s best builders and the quality issue is taken care of. Large families usually prefer the 4-bedroom, 3-bathroom, 3,300 sq. ft. properties. If you really need to downsize, pick a 3-bedroom, 2-bathroom, 1,900 sq. ft. home.
Market Overview: New Construction in Shakopee, MN
Here is a quick overview of housing developments in Shakopee, as well as the new construction outlook for new build homes in Shakopee:
| City | Shakopee |
| State | Minnesota |
| Metro Area | Minneapolis And St. Paul |
| New Home Communities | 85 |
| Quick Move in Homes | 308 |
| Homes Under Construction | 248 |
| Starting Price | $312,990 |
| Average Price | $514,568 |
| Price Per Square Foot | $218 |
| Home Builders | 14 |
| Builders in Shakopee |
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Customizable Options in Shakopee
| Floor Plans Available | 566 |
| Bedroom Count | 1 to 6 |
| Bathroom Count | 1 to 5 |
| Square Footage Range | 986 to 5,291 sq/ft. |