Chanhassen Housing Market Snapshot
Current market data for Chanhassen, MN — updated regularly by The PRO Team at RE/MAX RESULTS.
Median Home Price
$575,000
As of 2025
Avg Days on Market
15 days
Median, all home types
Active Listings
47+
Currently available
Price Per Sq Ft
$204
Median single-family
+3.9%
Chanhassen has appreciated 3.9% annually, with particularly strong performance in new construction communities and golf course neighborhoods. Proximity to the Eden Prairie business corridor supports strong employer-driven demand.
Market Conditions
- Median home price: $575,000 — representing strong demand in the Chanhassen market
- Average days on market: 15 — a highly competitive, fast-moving market
- Price appreciation: +3.9% year-over-year, indicating positive momentum and continued buyer demand
- 47+ active listings across all home types at any given time
- $204 price per square foot — useful benchmark for evaluating any specific listing
Price Ranges by Segment
Expert Market Analysis
Chanhassen has appreciated 3.9% annually, with particularly strong performance in new construction communities and golf course neighborhoods. Proximity to the Eden Prairie business corridor supports strong employer-driven demand.
Chanhassen is part of the broader West Metro Twin Cities market, which consistently outperforms the national average for residential appreciation. Buyers benefit from strong resale values, excellent infrastructure, and high quality of life — all factors that sustain long-term demand.
For Buyers
Chanhassen draws upper-middle-class families and corporate professionals — particularly from the Southwest metro tech and medical device corridor — who value Chanhassen's school system, lake access to Lake Ann and Lake Riley, and strong quality-of-life amenities.
Search Chanhassen HomesFor Sellers
Chanhassen sellers benefit from one of the Southwest metro's most active buyer pools. The $500K-$750K range is highly competitive, and the community's reputation for family-friendly living keeps demand consistently strong.
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* Market data is for informational purposes. Contact The PRO Team for a personalized, real-time analysis.
Frequently Asked Questions
Common questions about Chanhassen real estate market trends from buyers and sellers.
Is it a buyer's or seller's market in Chanhassen right now?
Chanhassen is currently operating in a seller-favorable market. Homes are averaging 15 days on market, and year-over-year appreciation stands at +3.9%. Chanhassen has appreciated 3.9% annually, with particularly strong performance in new construction communities and golf course neighborhoods. The PRO Team provides up-to-date absorption rate analysis on request.
What is the price per square foot in Chanhassen?
Chanhassen's current median price per square foot is $204. This varies significantly by neighborhood, home age, and condition — newer construction and lake-proximity properties typically command a meaningful premium above this figure. The PRO Team can provide a property-specific price-per-square-foot comparison for any home you're evaluating.
How has the Chanhassen real estate market changed in the past year?
Chanhassen home values have moved +3.9% year-over-year. Chanhassen has appreciated 3.9% annually, with particularly strong performance in new construction communities and golf course neighborhoods. Proximity to the Eden Prairie business corridor supports strong employer-driven demand. Active inventory stands at approximately 47 listings, which provides buyers with meaningful options.
What is the average days on market for homes in Chanhassen?
Chanhassen homes are currently selling in an average of 15 days on market. Well-priced, move-in-ready homes in desirable neighborhoods often sell faster. Homes that are overpriced or need significant work tend to sit longer. The PRO Team's market expertise helps both buyers and sellers calibrate to realistic timelines.
What's Your Chanhassen Home Really Worth?
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"The PRO Team's knowledge of the Chanhassen market is unmatched. They got us $42,000 over asking."
— Verified Chanhassen client
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