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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
84%
16%
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 Market27
Sale-to-List Ratio1.0%
Price Drops16.3%
Homes Sold12
Active Inventory43
Price Per Sq Ft$186

Ownership & Stock

Owner-Occupied84.4%
Renter-Occupied15.6%
Homeownership Rate84.4%
Total Housing Units10,096
Median Year Built1993
Rent Burden26.2%