Shakopee Homes with Acreage

Shakopee homes with acreage can be hard to find and finding a perfect home on acreage can be even harder. Values of Shakopee homes with acreage have suffered just as much as any other Shakopee real estate, falling from an average sales price in 2007 of $519,188 to an average sales price of Shakopee homes with acreage to $378,362 in 2010.

Over the course of the last 4-5 years the Shakopee acerage market has remained somewaht stable in the number of active and sold listings in Shakopee hoovering between 20-25 homes sold per year over an acre.

2007 – 17 Shakopee homes on acreage sold with an average sales price of $519,188

2008 – 19 Shakopee homes on acreage sold with an average sales price of $432,019

2009 – 26 Shakopee homes on acreage sold with an average sales price of $396,823

2010 – 26 Shakopee homes on acreage sold with an average sales price of $378,462

The current Shakopee acreage market is looking better. There are currently 23 homes over 1 acre listed. 13 of those 23 are 2+ acres and only 4 are over 5 acres. The average list prices for those Shakopee homes on acreage is $445,527 hopefully showing a positive sign of increasing values. 6 homes on acreage in Shakopee are currently pending and waiting to close.