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CHANHASSEN, MN 55317

Real Estate Market Report  ·  Carver County
Seller's Market
September 2026  ·  Source: Realtor.com

Market Analysis

Data as of September 2026. Source: Realtor.com.

The CHANHASSEN, MN real estate market (55317) currently shows 87 active listings, with 37 pending sales. Homes are averaging 30 days on the market before going under contract.

Inventory has tightened compared to last year, with 12 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 30 days on market compared to 36 days last year.

The median listing price has fallen 10.8% year-over-year, from $509,900 to $454,975.

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Market Context

Market Context

Population: 21,959  ·  Density: 644.8/mi²  ·  Median household income: $126,455

Typical home value: $464,569  ·  Homeownership: 84.8%

Market Overview

Active Listings
87
⇩ 12.1% vs 99 last year
Pending
37
43% pending ratio
Median Price
$454,975
⇩ 10.8% vs $509,900 last year
Average Price
$673,666
⇩ 12.2% vs $767,679 last year
Days on Market
30
⇩ 16.7% vs 36 days last year

Price Per Square Foot

Median $/sqft
$211
⇩ 3.2% vs $218/sqft last year
Median Home Size
2,125 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 87 this year vs 99 last year
  • Days on market: 30 now vs 36 last year

Median & Average Pricing

Year over Year
  • Median: $454,975 (-10.8% YoY)
  • Average: $673,666 (-12.2% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 11.2 miles — 726 listings ($709,385,199 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
55317Chanhassen, MN 553170.0 mi56$48,269,760$459,500$861,960
55331Excelsior, MN 553314.1 mi124$286,156,412$1,740,239$2,307,713
55345Minnetonka, MN 553455.2 mi55$51,561,180$629,725$937,476
55386Victoria, MN 553865.6 mi31$21,498,097$654,400$693,487
55384Spring Park, MN 553846.8 mi13$10,432,734$550,000$802,518
55379Shakopee, MN 553797.3 mi155$81,939,975$511,348$528,645
55364Mound, MN 553648.3 mi68$72,876,484$489,975$1,071,713
55438Minneapolis, MN 554388.8 mi34$14,375,540$324,750$422,810
55375Saint Bonifacius, MN 553759.2 mi1$399,900$399,900$399,900
55356Long Lake, MN 553569.7 mi26$47,349,822$1,024,175$1,821,147
55447Minneapolis, MN 5544710.4 mi38$20,945,790$422,475$551,205
55426Minneapolis, MN 5542610.8 mi70$24,178,980$318,475$345,414
55387Waconia, MN 5538711.2 mi55$29,400,525$533,700$534,555

Frequently Asked Questions

How many homes are for sale in CHANHASSEN, MN 55317?

As of September 2026, there are 87 active listings in CHANHASSEN, MN (zip code 55317), compared to 99 the prior year.

What is the median home price in CHANHASSEN, MN 55317?

The median listing price in CHANHASSEN, MN 55317 is $454,975 as of September 2026, a 10.8% decrease from $509,900 the prior year.

How long do homes stay on the market in CHANHASSEN, MN?

Homes in CHANHASSEN, MN 55317 spend an average of 30 days on the market before going under contract, compared to 36 days the prior year.

Is it a seller's or buyer's market in CHANHASSEN, MN 55317?

Based on current inventory and days-on-market data as of September 2026, CHANHASSEN, MN 55317 is currently a Seller's Market. Inventory has tightened compared to last year, with 12 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 30 days on market compared to 36 days last year.

How much can I save on real estate commission in CHANHASSEN, MN?

With SELL123.com's maximum 3% commission, sellers in CHANHASSEN, MN 55317 save an estimated $9,100 compared to a typical 5% commission on the median listing price of $454,975. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.