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Harvest West

CHASKA, MN 55318

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

Market Analysis

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

The CHASKA, MN real estate market (55318) currently shows 130 active listings, with 65 pending sales. Homes are averaging 30 days on the market before going under contract.

Inventory has tightened compared to last year, with 23 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 30 days on market compared to 46 days last year.

The median listing price has fallen 5.7% year-over-year, from $689,205 to $650,000.

Whether you are buying or selling in CHASKA, MN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 29,647  ·  Density: 286.7/mi²  ·  Median household income: $103,285

Typical home value: $368,902  ·  Homeownership: 71.6%

Market Overview

Active Listings
130
⇩ 15% vs 153 last year
Pending
65
50% pending ratio
Median Price
$650,000
⇩ 5.7% vs $689,205 last year
Average Price
$728,798
⇩ 7.5% vs $787,686 last year
Days on Market
30
⇩ 34.8% vs 46 days last year

Price Per Square Foot

Median $/sqft
$224
⇩ 5.5% vs $237/sqft last year
Median Home Size
3,003 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 130 this year vs 153 last year
  • Days on market: 30 now vs 46 last year

Median & Average Pricing

Year over Year
  • Median: $650,000 (-5.7% YoY)
  • Average: $728,798 (-7.5% 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 14.0 miles — 567 listings ($706,411,436 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
55318Chaska, MN 553180.0 mi121$90,899,072$667,505$751,232
55317Chanhassen, MN 553175.3 mi56$48,269,760$459,500$861,960
55315Carver, MN 553156.9 mi32$20,653,312$539,205$645,416
55375Saint Bonifacius, MN 553757.4 mi1$399,900$399,900$399,900
55322Cologne, MN 553227.9 mi17$8,231,723$440,900$484,219
55384Spring Park, MN 553848.6 mi13$10,432,734$550,000$802,518
55364Mound, MN 553649.0 mi68$72,876,484$489,975$1,071,713
55344Eden Prairie, MN 5534410.8 mi35$12,250,560$283,425$350,016
55391Wayzata, MN 5539111.3 mi109$352,358,305$2,417,000$3,232,645
55343Hopkins, MN 5534312.9 mi48$17,794,128$297,400$370,711
55368Norwood Young America, MN 5536813.5 mi5$5,957,020$1,012,450$1,191,404
55359Maple Plain, MN 5535913.7 mi32$52,497,408$1,773,725$1,640,544
55388Watertown, MN 5538814.0 mi30$13,791,030$421,900$459,701

Frequently Asked Questions

How many homes are for sale in CHASKA, MN 55318?

As of March 2026, there are 130 active listings in CHASKA, MN (zip code 55318), compared to 153 the prior year.

What is the median home price in CHASKA, MN 55318?

The median listing price in CHASKA, MN 55318 is $650,000 as of March 2026, a 5.7% decrease from $689,205 the prior year.

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

Homes in CHASKA, MN 55318 spend an average of 30 days on the market before going under contract, compared to 46 days the prior year.

Is it a seller's or buyer's market in CHASKA, MN 55318?

Based on current inventory and days-on-market data as of March 2026, CHASKA, MN 55318 is currently a Seller's Market. Inventory has tightened compared to last year, with 23 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 30 days on market compared to 46 days last year.

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

With SELL123.com's maximum 3% commission, sellers in CHASKA, MN 55318 save an estimated $13,000 compared to a typical 5% commission on the median listing price of $650,000. 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.