Chaska, MN


Highest Appreciating Chaska Neighborhoods Since 2000

Chaska, MN Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q3 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Chaska Housing Market Information

With 25,199 people, 9,108 houses or apartments, and a median cost of homes of $305,250, Chaska real estate is some of the most expensive in Minnesota, although Chaska home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Chaska, accounting for 52.41% of the city's housing units. Other types of housing that are prevalent in Chaska include large apartment complexes or high rise apartments ( 19.24%), row houses and other attached homes ( 18.13%), and a few mobile homes or trailers ( 6.78%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Chaska. Owner-occupied housing accounts for 67.57% of Chaska's homes, and 54.62% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Chaska built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Chaska built between 2000 and later ( 34.46%). A lesser amount of the housing stock also hails from between 1940-1969 ( 7.49%). There's also some housing in Chaska built before 1939 ( 5.01%).

Chaska Home Appreciation Rates

Real estate appreciation rates in Chaska's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 0.11% during the period.

Appreciation rates are so strong in Chaska that despite a nationwide downturn in the housing market, Chaska real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Chaska appreciation rates continue to be some of the highest in America, at 7.13%, which is higher than appreciation rates in 77.54% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Chaska. Chaska appreciation rates in the latest quarter were at 0.91%, which equates to an annual appreciation rate of 3.67%.

Relative to Minnesota, our data show that Chaska's latest annual appreciation rate is higher than 60% of the other cities and towns in Minnesota.

Average Home Values


Median Home Value:


Value Range
> $1,207,000 1.4
$905,001 - $1,207,000 0.3
$603,001 - $905,000 4.7
$483,001 - $603,000 8.1
$362,001 - $483,000 17.3
$241,001 - $362,000 23.2
$121,001 - $241,000 30.9
$60,001 - $121,000 3.7
$0 - $60,000 10.4

Very High for MN
Very High for Nation

Value Relative to Nation Value Relative to State
17.0501785818842 11.9096509240246

Number Of Homes And Apartments:

Chaska Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
Latest Quarter:
2017 Q2 - 2017 Q3
Last 12 Months:
2016 Q3 - 2017 Q3
Last 2 Years:
2015 Q3 - 2017 Q3
Last 5 Years:
2012 Q3 - 2017 Q3
Last 10 Years:
2007 Q3 - 2017 Q3
Since 2000:
2000 Q1 - 2017 Q3
36.51% 1.77% 3 4
* 10 is highest

Rent & Ownership


Average Market Rent:
$1,476 / per month

Homeownership Rate

Owners 67.57
Renters 32.43
Vacant 3.46

Housing Market Details


Age of Homes

2000 or Newer 34.5
1970 - 1999 53.0
1940 - 1969 7.5
1939 or Older 5.0

Types of Homes

Single-Family 52.4
Townhomes 18.1
Small Apt. Buildings 3.4
Apt. Complexes 19.2
Mobile Homes 6.8
Other 0.0

Home Size

No Bedroom 0.58
1 Bedroom 9.01
2 Bedrooms 28.38
3 Bedrooms 32.06
4 Bedrooms 22.56
5 or more bedrooms 7.41