Housing in Waconia, MN

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

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$465,000

Median List Price

$507,925

Price Per Sq Ft

$212

Days on Market

82

Active Inventory

39

Months of Supply

3.5

Seller's market

Zillow Home Value

$445,534

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 7.5%List Price 28.6%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

18.2%

Off Market in 2 Weeks

25.0%

Sale-to-List Ratio

98.1%

Buyer's market

Sold Above Asking
18.2%
Under Contract in 2 Wks
25.0%
Listings with Price Drops
82.0%

Market Activity

Source: Redfin

Homes Sold

11

New Listings

21

Pending Sales

8

Homes Sold 42.1%New Listings 22.2%Pending 74.2%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$212

Median List $/SF

$222

Sale $/SF 7.6%List $/SF 3.7%Mar 24Jan 26

Waconia vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 10,000 - 25,000 residents. Waconia 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

$407,600

Median Rent

$1,299

Total Housing Units

5,162

Vacancy Rate

3.2%

Owner Occupied

80.9%

Renter Occupied

19.1%

Median Property Tax

$4,307

per year

Monthly Cost (w/ Mortgage)

$2,118

Housing Types

Single Family
85.3%
Multi-Family
14.4%
Mobile Home
0.3%

The current median sale price in Waconia, MN is $465,000 according to Redfin data. Homes spend a median of 82 days on the market. 18.2% of homes sold above asking price. The market has 3.5 months of supply. The median price per square foot is $212. The median rent is $1,299 per month (Census ACS). About 80.9% of housing units are owner-occupied. The median year homes were built is 2000. There are 5,162 total housing units.