Homes for Sale in Chanhassen, MN

Here is where the Chanhassen market stood in September 2026. The median sale price has increased by 18% from last year to $600,000, though an opposite trend in price per square foot suggests this change more likely reflects the mix of homes that sold. Homes are selling 18 days more quickly than last year, averaging 23 days on market, and sellers are receiving 98.2% of their original asking price. The area is currently a seller's market with 2.3 months of supply. Active inventory is down 12% from last year to 74 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.