Chanhassen, MN
Full City Profile · Minnesota · Carver County County
3.9
/5.0
B+
Good
26,001
Population
1,277/sq mi density
$138,034
Median Income
$71,799 per capita
$530,700
Home Value
$539,206 Zillow
$1,749
Median Rent
26.2% income on rent
45°F
Avg Temperature
270 sunny days/yr
49
Violent Crime/100K
870 property/100K
B+
Overall
3.9 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$138,034 median income, 2.4% unemployment
A+
Affordability
4.5 / 5.0
$530,700 home value, $1,749/mo rent
F
Safety
1.0 / 5.0
49 violent crimes/100K
A+
Education
5.0 / 5.0
64.4% bachelor's degree or higher
Housing Overview
Median Home Value
$530,700
88% above
US avg: $281,900
Median Rent
$1,749/mo
50% above
US avg: $1,163/mo
Homeownership Rate
84.4%
29% above US avg (65.4%)
Total Housing Units
10,096
Median year built: 1993
Home Value by Source
Census Median
$530,700
Zillow (ZHVI)
$539,206
Median Sale Price
$574,950
Median List Price
$465,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
84.4%
Owner-Occupied
15.6%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$809/mo
1 Bedroom
$899/mo
2 Bedroom
$1,125/mo
3 Bedroom
$1,483/mo
4 Bedroom
$1,698/mo
Census median rent:
$1,749/mo
· Zillow rent:
$2,015/mo
Market Indicators (Redfin)
Median Days on Market
27 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
12
Price Drops
16.3%
of listings with price reduction
Price Per Sq Ft
$186
Active Inventory
43
homes for sale
Affordability & Housing Stock
Rent Burden
26.2%
of renters spending 30%+ of income on housing
15% below US avg (31.0%)
Median Year Built
1993
Average age of housing stock: 33 years
Homeownership Rate
84.4%
Complete Housing Data
Home Values
| Census Median Value | $530,700 |
| Zillow Home Value (ZHVI) | $539,206 |
| Median Sale Price | $574,950 |
| Median List Price | $465,000 |
| Price Per Sq Ft | $186 |
Rent
| Census Median Rent | $1,749 |
| Zillow Rent (ZORI) | $2,015 |
| FMR Studio | $809 |
| FMR 1-Bedroom | $899 |
| FMR 2-Bedroom | $1,125 |
| FMR 3-Bedroom | $1,483 |
| FMR 4-Bedroom | $1,698 |
Market
| Days on Market | 27 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 16.3% |
| Homes Sold | 12 |
| Active Inventory | 43 |
| Price Per Sq Ft | $186 |
Ownership & Stock
| Owner-Occupied | 84.4% |
| Renter-Occupied | 15.6% |
| Homeownership Rate | 84.4% |
| Total Housing Units | 10,096 |
| Median Year Built | 1993 |
| Rent Burden | 26.2% |
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