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CHASKA, MN 55318

Real Estate Market Report
Seller's Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The CHASKA, MN real estate market (55318) currently shows 121 active listings, with 53 pending sales. Homes are averaging 41 days on the market before going under contract.

Inventory has tightened compared to last year, with 21 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 41 days on market compared to 43 days last year.

The median listing price has fallen 2.3% year-over-year, from $683,550 to $667,505.

Whether you are buying or selling in CHASKA, MN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 29,647  ·  Density: 286.7/mi²  ·  Median household income: $103,285

Typical home value: $368,902  ·  Homeownership: 71.6%

Market Overview

Active Listings
121
⇩ 14.8% vs 142 last year
Pending
53
44% pending ratio
Median Price
$667,505
⇩ 2.3% vs $683,550 last year
Average Price
$751,232
⇩ 4.3% vs $785,251 last year
Days on Market
41
⇩ 4.7% vs 43 days last year

Price Per Square Foot

Median $/sqft
$227
⇩ 3.8% vs $236/sqft last year
Median Home Size
2,876 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 121 this year vs 142 last year
  • Days on market: 41 now vs 43 last year

Median & Average Pricing

Year over Year
  • Median: $667,505 (-2.3% YoY)
  • Average: $751,232 (-4.3% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 14.0 miles — 474 listings ($536,449,465 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
55318Chaska, MN 553180.0 mi102$77,189,010$650,000$756,755
55317Chanhassen, MN 553175.3 mi43$35,242,026$392,450$819,582
55315Carver, MN 553156.9 mi31$19,387,183$566,210$625,393
55375Saint Bonifacius, MN 553757.4 mi3$1,410,000$470,000$470,000
55322Cologne, MN 553227.9 mi16$8,224,800$444,400$514,050
55384Spring Park, MN 553848.6 mi13$10,657,400$555,000$819,800
55364Mound, MN 553649.0 mi57$60,323,955$492,500$1,058,315
55344Eden Prairie, MN 5534410.8 mi25$7,177,225$249,900$287,089
55391Wayzata, MN 5539111.3 mi88$238,939,008$2,222,500$2,715,216
55343Hopkins, MN 5534312.9 mi43$13,565,683$250,000$315,481
55368Norwood Young America, MN 5536813.5 mi4$3,707,680$399,900$926,920
55359Maple Plain, MN 5535913.7 mi28$51,470,944$2,012,500$1,838,248
55388Watertown, MN 5538814.0 mi21$9,154,551$424,900$435,931

Frequently Asked Questions

How many homes are for sale in CHASKA, MN 55318?

As of February 2026, there are 121 active listings in CHASKA, MN (zip code 55318), compared to 142 the prior year.

What is the median home price in CHASKA, MN 55318?

The median listing price in CHASKA, MN 55318 is $667,505 as of February 2026, a 2.3% decrease from $683,550 the prior year.

How long do homes stay on the market in CHASKA, MN?

Homes in CHASKA, MN 55318 spend an average of 41 days on the market before going under contract, compared to 43 days the prior year.

Is it a seller's or buyer's market in CHASKA, MN 55318?

Based on current inventory and days-on-market data as of February 2026, CHASKA, MN 55318 is currently a Seller's Market. Inventory has tightened compared to last year, with 21 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 41 days on market compared to 43 days last year.

How much can I save on real estate commission in CHASKA, MN?

With SELL123.com's maximum 3% commission, sellers in CHASKA, MN 55318 save an estimated $13,350 compared to a typical 5% commission on the median listing price of $667,505. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.