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Waconia, MN 55387 Housing Market

Data snapshot: September 14, 2026. Closed-sale window: last 6 months.
Waconia, MN inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.13
ActiveActive listings: 3939PendingPending sales: 55
Waconia, 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): $543k$543kSoldMedian sold price (last 6 months): $475k$475k
What homes actually sell for in Waconia, MN
Distribution of 184 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $380k to $556k
$233k to $299k: 12 sales$233k$299k to $365k: 15 sales$365k to $431k: 32 sales$365k$431k to $498k: 38 sales38sales$498k to $564k: 35 sales$498k$564k to $630k: 17 sales$630k to $696k: 12 sales$630k$696k to $762k: 4 salesMedian $475k

What the numbers say

As of September 14, 2026, Resideline is tracking 39 active listings and 5 pending sales in ZIP code 55387. That pending-to-active ratio of 0.13 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $543,000, while the median of the 184 closed sales Resideline tracked over the last six months was $475,000. 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 55387 for 54 days.

Frequently asked questions

What is the median home price in 55387?

The median closed sale price in Waconia, MN 55387 was $475,000 over the last six months, based on 184 closed sales tracked by Resideline. The middle half of those sales ranged from $380,000 to $556,000.

Is 55387 a buyer's or seller's market?

Resideline is currently tracking 5 pending sales against 39 active listings in 55387, a pending-to-active ratio of 0.13. 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, 55387 currently looks like a balanced market.

Nearby ZIP code market data

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