Housing in Chanhassen, MN

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$539,382

Median List Price

$519,900

Price Per Sq Ft

$226

Days on Market

24

Active Inventory

41

Months of Supply

3.4

Seller's market

Zillow Home Value

$530,131

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 14.8%List Price 4.5%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

41.7%

Off Market in 2 Weeks

40.0%

Sale-to-List Ratio

99.1%

Buyer's market

Sold Above Asking
41.7%
Under Contract in 2 Wks
40.0%
Listings with Price Drops
9.8%

Market Activity

Source: Redfin

Homes Sold

12

New Listings

19

Pending Sales

10

Homes Sold 55.6%New Listings 32.1%Pending 69.7%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$226

Median List $/SF

$218

Sale $/SF 7.1%List $/SF 4.8%Mar 24Jan 26

Chanhassen vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 25,000 - 50,000 residents. Chanhassen is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$530,700

Median Rent

$1,749

Total Housing Units

10,092

Vacancy Rate

4.8%

Owner Occupied

84.4%

Renter Occupied

15.6%

Median Property Tax

$5,099

per year

Monthly Cost (w/ Mortgage)

$2,202

Housing Types

Single Family
87.7%
Multi-Family
12.3%
Mobile Home
0.1%

The current median sale price in Chanhassen, MN is $539,382 according to Redfin data. Homes spend a median of 24 days on the market. 41.7% of homes sold above asking price. The market has 3.4 months of supply. The median price per square foot is $226. The median rent is $1,749 per month (Census ACS). About 84.4% of housing units are owner-occupied. The median year homes were built is 1993. There are 10,092 total housing units.