Chanhassen Real Estate Market Reports
Published monthly figures and local context for Chanhassen.
Latest published report
August 2026
In August 2026, the median sale price in Chanhassen was $755,590, up 31.4% from a year earlier.
The median sale price has increased by 31% from last year to $755,590, and a similar trend in price per square foot suggests this is a real move in values rather than a change in the mix of homes selling.
Homes are selling 7 days more quickly than last year, averaging 35 days on market, and sellers are receiving 96.5% of their original asking price.
The area is currently a seller's market with 2 months of supply. Active inventory is down 14% from last year to 66 homes for sale.
Market trends in Chanhassen
| Month | Median sale price | Closed sales | Days on market | Months supply |
|---|---|---|---|---|
| September 2024 | $506,000 | 24 | 38 | 2.6 |
| October 2024 | $442,000 | 23 | 36 | 2.1 |
| November 2024 | $495,000 | 17 | 61 | 1.9 |
| December 2024 | $461,000 | 19 | 63 | 1.6 |
| January 2025 | $375,000 | 11 | 86 | 1.7 |
| February 2025 | $499,900 | 13 | 76 | 1.8 |
| March 2025 | $435,000 | 20 | 63 | 2.3 |
| April 2025 | $640,000 | 38 | 62 | 2.4 |
| May 2025 | $405,000 | 29 | 34 | 2.5 |
| June 2025 | $615,000 | 43 | 27 | 3.2 |
| July 2025 | $541,250 | 44 | 45 | 3.3 |
| August 2025 | $575,000 | 37 | 42 | 2.8 |
| September 2025 | $510,000 | 32 | 41 | 2.7 |
| October 2025 | $630,000 | 36 | 39 | 2.2 |
| November 2025 | $449,450 | 20 | 55 | 1.9 |
| December 2025 | $660,000 | 20 | 69 | 1.2 |
| January 2026 | $558,763 | 11 | 48 | 1.6 |
| February 2026 | $639,900 | 11 | 66 | 1.9 |
| March 2026 | $525,000 | 27 | 41 | 1.8 |
| April 2026 | $490,000 | 36 | 39 | 2.1 |
| May 2026 | $600,000 | 48 | 51 | 1.9 |
| June 2026 | $598,000 | 48 | 39 | 2 |
| July 2026 | $575,000 | 41 | 38 | 2.4 |
| August 2026 | $755,590 | 45 | 35 | 2 |
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Data: NorthstarMLS Local Market Update via 10K Research, published September 12, 2026.