Chanhassen, MN Real Estate & Homes for Sale

In September 2024, Chanhassen home prices rose by 8.0% compared to the previous year, with a median sale price of $523K. Homes in the area are staying on the market longer, averaging 41 days compared to 22 days last year. A total of 24 homes were sold in September, down from 32 during the same period last year. The median price per square foot dropped by 3.6%, now at $200.

Chanhassen is a highly competitive housing market, with homes typically selling in just 18 days. Many properties receive multiple offers, sometimes with waived contingencies. On average, homes sell for around the list price and go pending in about 18 days. In particularly desirable cases, "hot homes" can sell for about 2% above the asking price and go under contract in as little as 9 days, reflecting the strong demand in the area.

Nationwide, 0.71% of homebuyers are looking to relocate to Chanhassen from other metropolitan areas. Among these, Albuquerque homebuyers show the most interest in moving to Chanhassen, followed by those from Miami and Chicago. This indicates that Chanhassen is attracting attention from buyers across diverse regions, drawn by its competitive market and desirable living environment.