Median home value: $393K (+1.1% YoY). Rent: $1,641/mo. Price-to-rent: 20.0x. Part of Minneapolis-St. Paul-Bloomington, MN-WI.
Limited Data
Basic Zillow data only. For stress scores, AI analysis, and trends, Minneapolis-St. Paul-Bloomington, MN-WI metro page.
Home Value$393,084
+1.1%
Rent$1,641/mo
AFFORDABILITYRenting $761/mo cheaper ($1,641 rent)6.00% 30yr, 20% down, county tax + MN ins. 28% per HUD.
Enter your income for Shakopee.
$78,617 on $393,084
Out of reach — 38.4% of income
Need $102,943/yr to afford.
PITI$2,402
P/I38.4%
Afford$286K
Gap-$107K
P&I $1,885Tax $367Ins $150
Home Buying Kit For Dummies (2025)Financing, negotiation, closing