Zip 55318 (Chaska, MN) Housing

The housing market in 55318 Chaska, MN is highly competitive. The median value of houses in this area is $407,000, which is significantly more than the national median value of $338,100. In the past year, the appreciation rate for homes in 55318 Chaska, MN has been 6.82%, which is lower than the national average of 8.27%. Despite a slow appreciation rate, the overall housing market in this area remains strong and competitive.

The median home cost in Chaska (zip 55318) is $407,000. Home appreciation the last 10 years has been 89.8%. Home Appreciation in Chaska (zip 55318) is up 11.0%.

Average Age of Homes

- The median age of Chaska (zip 55318) real estate is 24 years old

The Rental Market in Chaska (zip 55318)

- Renters make up 27.5% of the Chaska (zip 55318) population
- 0.0% of houses and apartments in Chaska (zip 55318), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Chaska, Minnesota	United States
	11,241.0	139,647,020.0
	27	42
	$407,000	$338,100
	11.0%	16.6%
	45.3%	57.0%
	89.8%	101.1%
	$11.04	$10.98
	$3,534	$2,690
	69.9%	57.4%
	2.7%	11.2%
	27.4%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.3%	0.7%
	0.5%	0.4%
	0.8%	3.6%
	1.1%	4.1%
Value of Owner-Occupied Housing
	3.6%	2.6%
	3.0%	2.4%
	0.8%	2.8%
	0.9%	3.9%
	0.8%	4.5%
	5.0%	11.3%
	7.7%	13.0%
	24.0%	20.1%
	21.2%	13.6%
	14.5%	8.3%
	15.9%	9.7%
	1.4%	3.9%
	0.8%	2.2%
	0.5%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	27.0%	13.6%
	27.0%	13.6%
	19.0%	13.6%
	21.3%	13.2%
	10.4%	14.8%
	19.0%	13.6%
	1.9%	10.0%
	0.5%	4.7%
	3.9%	12.2%

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