Shakopee, MN Real Estate
According to census data in the year 2000 there were 7,790 housing units in Shakopee.
This represents a 79.5% growth from 4,340 in 1990.
Of those housing units, 6,361 were located in either urbanized areas or urban clusters, and 1,429 were located in what is classified as a rural area.
Homeownership rate in Shakopee is about 79%.
Shakopee's vacancy rate, including seasonal lodging, is about 3.4%.
Average household size is 2.66 people.
The majority of houses, apartments or condos in Shakopee were built after 1986.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.10% |
| One Bedroom | 8.20% |
| Two Bedrooms | 30.10% |
| Three Bedrooms | 32.80% |
| Four Bedrooms | 24% |
| Five Bedrooms or more | 3% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.81 |
| Median year structure was built | 1989 |
| Median Value of occupied units | $141,500 |
| Median Price asked for vacant units | $145,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.08 |
| Median year structure was built | 1981 |
| Median Monthly Rent asked for vacant units | $131 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.40% |
| Second Mortgage | 12.40% |
| Home Equity Loan | 11.70% |
| Simple Mortgage | 59.90% |
| Debt Free | 15.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.3% |
