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WACONIA, MN 55387

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

Market Overview

Active Listings
46
⇩ 23.3% vs 60 last year
Pending
18
39% pending ratio
Median Price
$550,000
⇩ 5.3% vs $580,950 last year
Average Price
$531,172
⇩ 16.4% vs $635,018 last year
Days on Market
27
⇩ 64.5% vs 76 days last year

Market Context

Population: 14,409  ·  Density: 176.4/mi²  ·  Median household income: $104,969

Typical home value: $398,595  ·  Homeownership: 80.4%

Market Analysis

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

The WACONIA, MN real estate market (55387) currently shows 46 active listings, with 18 pending sales. Homes are averaging 27 days on the market before going under contract.

Inventory has tightened compared to last year, with 14 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 27 days on market compared to 76 days last year.

The median listing price has fallen 5.3% year-over-year, from $580,950 to $550,000.

Whether you are buying or selling in WACONIA, 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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 46 this year vs 60 last year
  • Days on market: 27 now vs 76 last year

Median & Average Pricing

Year over Year
  • Median: $550,000 (-5.3% YoY)
  • Average: $531,172 (-16.4% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 14.6 miles — 342 listings ($297,527,152 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
55387Waconia, MN 553870.0 mi46$24,433,912$550,000$531,172
55386Victoria, MN 553865.6 mi26$19,372,756$729,900$745,106
55388Watertown, MN 553887.3 mi21$9,154,551$424,900$435,931
55364Mound, MN 553647.7 mi57$60,323,955$492,500$1,058,315
55397Young America, MN 553978.1 mi5$1,549,700$330,000$309,940
55384Spring Park, MN 553849.1 mi13$10,657,400$555,000$819,800
55367New Germany, MN 553679.9 mi2$1,950,000$975,000$975,000
55359Maple Plain, MN 5535910.9 mi28$51,470,944$2,012,500$1,838,248
55328Delano, MN 5532812.3 mi68$50,289,400$500,000$739,550
55356Long Lake, MN 5535613.5 mi27$47,930,724$649,900$1,775,212
55370Plato, MN 5537013.8 mi1$659,900$659,900$659,900
55363Montrose, MN 5536314.5 mi30$11,059,170$396,900$368,639
55346Eden Prairie, MN 5534614.6 mi18$8,674,740$489,900$481,930

Frequently Asked Questions

How many homes are for sale in WACONIA, MN 55387?

As of January 2026, there are 46 active listings in WACONIA, MN (zip code 55387), compared to 60 the prior year.

What is the median home price in WACONIA, MN 55387?

The median listing price in WACONIA, MN 55387 is $550,000 as of January 2026, a 5.3% decrease from $580,950 the prior year.

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

Homes in WACONIA, MN 55387 spend an average of 27 days on the market before going under contract, compared to 76 days the prior year.

Is it a seller's or buyer's market in WACONIA, MN 55387?

Based on current inventory and days-on-market data as of January 2026, WACONIA, MN 55387 is currently a Seller's Market. Inventory has tightened compared to last year, with 14 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 27 days on market compared to 76 days last year.

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

With SELL123.com's maximum 3% commission, sellers in WACONIA, MN 55387 save an estimated $11,000 compared to a typical 5% commission on the median listing price of $550,000. 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.