ZIP 55379 (Shakopee, MN) Housing Market & Real Estate Update — February 22, 2026
55379 – February 22, 2026 – Shakopee-area market check: median sale ~$447K (Redfin), ~50 days to sell, 250+ listings, and rents near $2.2K this week.
ZIP 55379 (Shakopee, MN) continues to look like a steady, mid-priced Twin Cities-area market: homes are still moving, but buyers have enough active inventory to be selective heading toward spring.
Top takeaways
- Prices: Recent closed-sale pricing is hovering in the mid-$400Ks (Redfin), while some portals show higher medians depending on what they track.
- Speed: Homes are taking about ~50 days to sell on average (Redfin/Realtor.com).
- Inventory: Active listings are substantial for the ZIP (roughly ~250 to 320 homes depending on the site), so condition and pricing still matter.
- Rates: National rate quotes remain a major affordability lever, with a 30-year fixed around the mid-6% range (Redfin/Rocket Mortgage data).
Market snapshot (past 30 days, most recent month available)
On Redfin’s ZIP-level view, January 2026 posted a median sale price around $447,000 (up year over year) with homes selling in about 50 days on average and a higher count of homes sold versus last year. Zillow’s ZIP home value estimate is lower (typical value in the high-$300Ks) and notes its latest snapshot is through late 2025, so treat the different numbers as separate lenses rather than contradictions.
Inventory and what’s for sale right now
Listing portals don’t agree on a single active count, but they do agree there’s meaningful selection. Redfin shows about 250 homes for sale in the ZIP today, while Realtor.com’s ZIP search reflects 300+ active listings and a median listing price around $495,000.
What’s for sale nearby (no addresses): A quick scan of current listings shows (1) smaller condos/townhomes roughly in the mid-$200Ks to mid-$300Ks, (2) move-in-ready single-family options clustering around the $400Ks to $500Ks, and (3) larger or newer homes pushing into the $600Ks+. If you’re shopping, watch for price cuts on listings that have been sitting longer than the ZIP’s ~50-day norm.
Rentals
Realtor.com’s ZIP market page shows median rent around $2,172/month with limited active rental inventory. Even if rent trends have eased year over year in some datasets, the small number of rentals can still mean competition for the best units.
Mortgage-rate watch (affordability)
As of February 20, 2026, Redfin’s rate page (via Rocket Mortgage) lists a 30-year fixed at about 6.375% (with a higher APR shown). If rates drift down, the most immediate local impact is typically more showings and tighter negotiation room on well-priced homes.
ServiceXTC local-pro check
Today’s quick directory scan did not surface ZIP-verified ServiceXTC provider pages specific to 55379. For buyers and sellers planning projects, the most time-sensitive categories to line up early are: home inspection, roofing, HVAC, plumbing, electrical, and handyman punch-list work.
What are you seeing in 55379 right now — more price cuts, more new listings, or buyers snapping up the best homes quickly?
Sources
- Zillow ZIP 55379 Home Values (ZHVI) page
- Realtor.com ZIP 55379 market trends page
- Redfin ZIP 55379 housing market page
- Redfin ZIP 55379 homes-for-sale search
- Realtor.com ZIP 55379 homes-for-sale search
- Redfin ‘Today’s mortgage rates’ page (Rocket Mortgage quotes)