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Chaska, MN 55318 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Chaska, MN inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.16
ActiveActive listings: 4545PendingPending sales: 77
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): $550k$550kSoldMedian sold price (last 6 months): $475k$475k
What homes actually sell for in Chaska, MN
Distribution of 292 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $340k to $692k
$180k to $293k: 37 sales$180k$293k to $406k: 71 sales71sales$406k to $520k: 31 sales$406k$520k to $633k: 34 sales$633k to $746k: 51 sales$633k$746k to $859k: 22 sales$859k to $973k: 8 sales$859k$973k to $1.09M: 9 salesMedian $475k

What the numbers say

As of October 5, 2026, Resideline is tracking 45 active listings and 7 pending sales in ZIP code 55318. That pending-to-active ratio of 0.16 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $549,900, while the median of the 292 closed sales Resideline tracked over the last six months was $474,950. 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 77 days.

Frequently asked questions

What is the median home price in 55318?

The median closed sale price in Chaska, MN 55318 was $474,950 over the last six months, based on 292 closed sales tracked by Resideline. The middle half of those sales ranged from $340,000 to $692,500.

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

Resideline is currently tracking 7 pending sales against 45 active listings in 55318, a pending-to-active ratio of 0.16. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 55318 currently looks like a balanced market.

Nearby ZIP code market data

Full Chaska, MN housing market report →

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