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MN area data

Chanhassen, MN

Chanhassen, MN.

Population: 22,299 (Census ACS)

The median home value in Chanhassen, MN is $539,776 — up 2.3% over the past year. Homes sell for a median $600,000 after a median 14.5 days on market. Typical rent runs $2,185/month. 5 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively Low, with strongwind, coldwave, hail the top-rated hazards. Cost of living is 2.5% below the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$539,776

Median home value

+2.3%

1-year change

14.5

Median days on market

Relatively Low

Hazard risk (county)

Home values & appreciation

Median home value
$539,776
1-year appreciation
+2.3%
3-year appreciation
+4.5%
5-year appreciation
+13.7%
10-year appreciation
+53.1%
All-time peak (2026-07)
$539,776
House Price Index (state)
429.3 (+3.3% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$600,000
Median list price
$732,450
Median price per sqft
$227
1-year sale-price change
-11.2%
Median days on market
14.5 days
Homes sold (recent period)
75
For-sale inventory
88
Sale-to-list ratio
102.0%
Active listings
21
1-year forecast
-0.4%
Days to pending
40 days
New listings (monthly)
42

Source: recent area sales and market data (ZIP-level)

Rents

Typical rent
$2,185/mo
Studio fair-market rent
$754/mo
1BR fair-market rent
$943/mo
2BR fair-market rent
$1,176/mo
3BR fair-market rent
$1,529/mo
4BR fair-market rent
$1,764/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Average)
97.5 (100 = US avg)
Electricity rate (state-level)
15.8¢/kWh
Natural gas rate (state-level)
$11.00/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
5
Elementary schools
2
Middle schools
0
High schools
2
School districts serving the area
Southwest Metro Intermediate 288, EASTERN CARVER COUNTY PUBLIC SCHOOL
Schools include
SWMetro Annica Program, CHANHASSEN ELEMENTARY, BLUFF CREEK ELEMENTARY, CHANHASSEN HIGH SCHOOL, The Anicca Program

Source: NCES school directory, 2022-23 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Relatively Low
Top hazards (county)
strongWind, coldWave, hail, iceStorm, tornado
Notable hazard ratings (county)
coldWave: Relatively Moderate · drought: Relatively Low · hail: Relatively Moderate · heatWave: Relatively Low · iceStorm: Relatively Moderate · inlandFlooding: Relatively Low
FEMA flood zone
X
Flood risk level
Minimal
Wildfire risk to homes (county)
Higher than 22% of US counties
Buildings in wildfire direct-exposure zone
33.8%
Radon potential (county)
High radon potential — EPA Zone 1 of 3
EPA Superfund (NPL) sites within 5 mi
None
Nearest Superfund site
Spring Park Municipal Well Field (6.7 mi)
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Average annual temperature
44.7°F
Average high
54.3°F
Average low
35.3°F
Annual precipitation
33.3 in
Annual snowfall
56.5 in
USDA plant hardiness zone
5a (extreme annual low -20 to -15°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Walkability & transit

Walkability index
5.8 / 20
Transit service frequency
-99,999
Jobs reachable by car (30 min)
58,918
Jobs reachable by transit (45 min)
45,825

Source: EPA Smart Location Database (metropolitan block groups)

Amenities

National parks within ~60 mi
1
Nearest national park
Mississippi National River & Recreation Area (23 mi)
Airports within 30 mi
29
Nearest airport
Flying Cloud Airport (FCM) (5 mi)
Nearest major airport
Minneapolis–Saint Paul International Airport / Wold–Chamberlain Field (MSP) (16 mi)
Hospitals nearby (~15 mi)
12
Hospitals include
NORTH MEMORIAL HEALTH HOSPITAL, HENNEPIN COUNTY MEDICAL CENTER, MINNEAPOLIS VA MEDICAL CENTER
Avg hospital rating (CMS)
3.7 / 5
Best hospital rating nearby (CMS)
5.0 / 5
Solar radiation rating
Fair (3.8 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)

Migration

Net migration (county)
+370 tax filers

Source: IRS county-to-county migration data (county-level, ~12-month lag)

Housing stock

Median year housing built
1,995
Housing built before 1970
10.4%
Housing built 2000 or later
35.5%
Median annual property tax
$5,091
Mean commute to work
15 min
Households with broadband internet
86.7%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
36,456
Average weekly wage
$1,300
Top industries (by employment)
Health Care, Accommodation & Food, Construction
Annual residential building permits (county)
662

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

ChanhassenState medianUS median
Median home value$539,776$304,931$289,727
Median sale price$600,000$315,500$325,000
Median days on market15 days39 days51 days
Typical rent$2,185/mo$1,678/mo$1,808/mo
Median annual property tax$5,091$2,128$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the median home value in Chanhassen, MN?
$539,776.
What is the median sale price in Chanhassen, MN?
$600,000.
How long do homes take to sell in Chanhassen, MN?
Median days on market: 14.5 days.
What is typical rent in Chanhassen, MN?
Typical rent: $2,185/month.
What is the natural-hazard risk in Chanhassen, MN?
Overall risk: Relatively Low (FEMA NRI, county-level). Top hazards: strongWind, coldWave, hail, iceStorm, tornado.
Is Chanhassen, MN in a flood zone?
Minimal (FEMA NFIP). FEMA flood zone X.
What is the wildfire risk in Chanhassen, MN?
Risk to homes is higher than 22% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in Chanhassen, MN?
High radon potential — EPA Zone 1 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near Chanhassen, MN?
No current or proposed National Priorities List sites within 5 miles (EPA).
How many schools serve Chanhassen, MN?
5 schools (2 elementary, 2 high) (NCES, 2022-23).
Is Chanhassen, MN walkable?
Walkability index: 5.8/20 (EPA Smart Location Database).
What is the cost of living in Chanhassen, MN?
Regional Price Parity: 97.5 (100 = US average) (Average) (BEA RPP, metro/state-level).

ZIP code for Chanhassen

Selling a home in Chanhassen, MN?

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Data last updated

Most recent source refresh: Sep 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents