The housing market in the city of Chanhassen, MN is strong and flowering. The median value of a home here is $457,400, significantly higher than the US median value of $338,100. This trend has been maintained over the past year, with appreciation rates at 6.82% compared to 8.27% for the US as a whole. This shows that demand has been high in Chanhassen throughout the last year, and that it is likely to remain that way into the future.
The median home cost in Chanhassen is $457,400. Home appreciation the last 10 years has been 89.8%. Home Appreciation in Chanhassen is up 11.0%.
Average Age of Homes
- The median age of Chanhassen real estate is 24 years old
The Rental Market in Chanhassen
- Renters make up 13.4% of the Chanhassen population
- 1.2% of houses and apartments in Chanhassen, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.