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Featured local agent — Chaska, MN

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Sarah Mitchell

CNESRESABR

Compass Real Estate · Chaska, MN

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Chaska, MN(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Chaska, MN Housing Market & Real Estate

Seller's market-13.5% YoY

Housing market overview · Updated monthly ·

$391,200median sale price

How is the Chaska, MN housing market right now?

The median home sale price in Chaska, MN is $391,200, down 13.5% year-over-year. Homes sell in an average of 22 days with 90 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Chaska a buyer's or seller's market?

Seller's market2.3 months of supply22 avg. days on market

Chaska, MN is currently a seller's market, based on 2.3 months of supply and homes selling in about 22 days. How we determine this →

Homes sold

39

Last 12 weeks

Days on market

22

Average pace

Active listings

90

2.3 months supply

Sale-to-list

101.2%

Above asking

What does the Chaska housing market data show?

Current housing market statistics for Chaska, MN
MetricValue
Median sale price$391,200
Median list price$600,000
Year-over-year price change-13.5%
Average days on market22 days
Active inventory90 listings
Months of supply2.3 months
Sale-to-list price ratio101.2%
Median price per sq ft$208/sq ft
Homes sold (latest month)39
New listings (latest month)55
Listings with a price cut37.8%
Market conditionSeller's market

Source: Redfin · Updated monthly

How much do homes cost in Chaska by property type?

How the Chaska, MN market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Chaska, MN
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$431,000$212/sq ft2921 days
Condo / Co-op$172,500$192/sq ft17 days
Townhouse$278,248$177/sq ft953 days

Source: Redfin · Updated monthly

The Chaska housing market is currently classified as a seller's market with a median sale price of $391,200. Prices have fallen 13.5% compared to last year, with homes spending an average of 22 days on market, indicating 2.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.4x provides context for how home values compare to local earning capacity.

Homes for sale in Chaska

There are currently 90 homes listed for sale in Chaska, Minnesota. The median listing price is $600K.

Active listings

90

Homes on market

Median list price

$600K

Avg. days on market

22

Days until sale

New this week

55

Newly listed

Price drops:37.8%of listings
Sale-to-list:101.2%

Who lives in Chaska?

Population

28,146

Median income

$110,000/yr

Median age

37.6 years

Owner-occupied

69.6%

College grads

46.7%

Avg commute

23.8 min

Source: U.S. Census Bureau ACS

What are homes worth in Chaska?

Zillow home value

$489,384

Zillow rent index

$1,883/mo

Price-to-rent ratio

21.7x

Price-to-income

4.4x

Source: Zillow Research

What is it like to live in Chaska?

Chaska is a community of approximately 28K residents with a median age of 37.6 years.The median household income is $110,000, which reflects a relatively affluent area with strong earning potential. 46.7% of residents hold a bachelor's degree or higher, indicating a highly educated population.

Homeownership rates are at 69.6%, reflecting strong community stability and long-term resident commitment. The average commute time is 23.8 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Chaska offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Chaska?

23 schools tracked · 5,866 students

The largest public schools serving Chaska, MN by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

CHASKA HIGH SCHOOL

Grades 9-12 · 1,538 students

Public

CLOVER RIDGE ELEMENTARY

Grades K-5 · 631 students

Public

CHASKA MIDDLE SCHOOL EAST

Grades 6-8 · 589 students

Public

CHASKA MIDDLE SCHOOL WEST

Grades 6-8 · 582 students

Public

JONATHAN ELEMENTARY

Grades K-5 · 544 students

Public

PIONEER RIDGE MIDDLE SCHOOL

Grades 6-8 · 459 students

Public

LA ACADEMIA

Grades K-5 · 457 students

Public

112 ALC MIDDLE SCHOOL

Grades 6-8 · 390 students

Alternative

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Chaska, MN?

Want a head-to-head view? Compare Chaska side-by-side with any other U.S. city using our market-comparison tool.

Is Chaska a good real estate investment market?

For investors evaluating Chaska, the price-to-rent ratio of 21.7x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 13.5% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Chaska's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Chaska's median home price.

Frequently asked questions

What is the average home price in Chaska?

The median home sale price in Chaska is $391,200, down 13.5% from last year.

How long do homes stay on market in Chaska?

Homes typically spend 22 days on market before going under contract.

What is the median income in Chaska?

The median household income is $110,000 per year.

Is Chaska a buyer's or seller's market?

With 2.3 months of supply, Chaska is currently a seller's market.

What is the Zillow home value estimate for Chaska?

The Zillow Home Value Index (ZHVI) for Chaska is $489,384, representing the typical home value in the area.

What is the median condo price in Chaska?

The median condo/co-op sale price in Chaska, MN is $172,500, compared to $431,000 for a single-family home, based on the latest Redfin data.

How much does a single-family home cost in Chaska?

The median single-family home price in Chaska, MN is $431,000 (about $212 per square foot).

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