Housing in 55317 Chanhassen, MN is a great investment for those looking to buy. The median value of a house in the area is $470,000, which is significantly higher than the US House Median Value of $338,100. Over the past year, the US House Appreciation rate has been 8.27%, while the appreciation rate in 55317 Chanhassen was 6.82%. This suggests that housing prices continue to steadily climb in this area, making it an attractive option for potential buyers.
The median home cost in Chanhassen (zip 55317) is $470,000. Home appreciation the last 10 years has been 89.8%. Home Appreciation in Chanhassen (zip 55317) is up 11.0%.
Average Age of Homes
- The median age of Chanhassen (zip 55317) real estate is 24 years old
The Rental Market in Chanhassen (zip 55317)
- Renters make up 14.8% of the Chanhassen (zip 55317) population
- 1.4% of houses and apartments in Chanhassen (zip 55317), 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.