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Chaska, MN 55318 Housing Market

Data snapshot: October 26, 2026. Closed-sale window: last 6 months.
Chaska, MN inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.12
ActiveActive listings: 4949PendingPending sales: 66
Chaska, MN: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $525k$525kSoldMedian sold price (last 6 months): $480k$480k
What homes actually sell for in Chaska, MN
Distribution of 272 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $350k to $700k
$230k to $342k: 52 sales$230k$342k to $455k: 57 sales57sales$455k to $567k: 22 sales$455k$567k to $680k: 50 sales$680k to $792k: 38 sales$680k$792k to $905k: 8 sales$905k to $1.02M: 10 sales$905k$1.02M to $1.13M: 8 salesMedian $480k

What the numbers say

As of October 26, 2026, Resideline is tracking 49 active listings and 6 pending sales in ZIP code 55318. That pending-to-active ratio of 0.12 makes it a typical-pace market: listings are going under contract at about the pace of most ZIP codes Resideline tracks.

The median asking price of current listings is $524,900, while the median of the 272 closed sales Resideline tracked over the last six months was $479,900. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 55318 for 90 days.

Frequently asked questions

What is the median home price in 55318?

The median closed sale price in Chaska, MN 55318 was $479,900 over the last six months, based on 272 closed sales tracked by Resideline. The middle half of those sales ranged from $350,000 to $699,735.

Is 55318 a buyer's or seller's market?

Resideline is currently tracking 6 pending sales against 49 active listings in 55318, a pending-to-active ratio of 0.12. Resideline tracks a sample of pending sales, so the ratio is most useful as a comparison: across the 3,777 ZIP codes Resideline tracks, the middle half run from 0.05 to 0.11. A higher ratio means listings go under contract faster, which usually favors sellers; a lower one gives buyers more room. By that comparison, 55318 is currently a typical-pace market.

Nearby ZIP code market data

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