Homes for Sale in Chanhassen, MN

Here is where the Chanhassen market stood in August 2026. The median sale price has increased by 31% from last year to $755,590, and a similar trend in price per square foot suggests this is a real move in values rather than a change in the mix of homes selling. Homes are selling 7 days more quickly than last year, averaging 35 days on market, and sellers are receiving 96.5% of their original asking price. The area is currently a seller's market with 2 months of supply. Active inventory is down 14% from last year to 66 homes for sale.

In this seller's market, buyers should be prepared to act quickly, while sellers can generally expect strong interest if priced correctly.

In Chanhassen, homes were most commonly built in 1990-1999, about 84% of occupied homes are owner-occupied, and the average commute is 22 minutes. Roughly 68% of homes are single-family detached, and the median home was built in 1994.

Homeowners with a mortgage typically spend $2,753 a month on housing costs, higher than the Twin Cities metro and the median property tax bill is $5,383 a year.