Compare cities · September 2026
Carver vs. Excelsior
Homes in Excelsior sold for a median $725,000 over the 12 months through September 2026, 39% more than in Carver ($521,510). Homes sold faster in Excelsior: 46 days on market on average, against 50 in Carver. Carver's homes are newer, with a median year built of 2007 against 1970. Excelsior is closer to downtown Minneapolis: about 28 minutes by car, against 41. The two are about 10 miles apart.
Housing market, 12 months through September 2026
| Measure | Carver | Excelsior |
|---|---|---|
| Median sale price | $521,510 | $725,000 |
| Change from a year earlier | +3.4% | −22.6% |
| Homes sold | 113 | 57 |
| Days on market | 50 | 46 |
| Share of original list price | 97.7% | 97.9% |
| Price per square foot | $210 | $389 |
| New listings | 308 | 98 |
| Homes for sale (September 2026) | 50 | 24 |
| Months of supply (September 2026) | 5.0 | 5.1 |
Source: Minneapolis Area REALTORS® Local Market Update (NorthstarMLS data).
The homes
| Measure | Carver | Excelsior |
|---|---|---|
| Median home value (owner estimate) | $445,800 | $909,200 |
| Median year built | 2007 | 1970 |
| Single-family homesShare of all housing units, detached houses | 93% | 48% |
| Owner-occupied homes | 93% | 48% |
| Median rent | $1,379 | $1,143 |
Source: US Census Bureau, American Community Survey 2020–2024.
The place
| Measure | Carver | Excelsior |
|---|---|---|
| Population (2024) | 6,810 | 2,296 |
| Land area | 4.8 sq mi | 0.6 sq mi |
| Drive to Downtown Minneapolis | 41 min | 28 min |
| Drive to Downtown Saint Paul | 50 min | 41 min |
| Drive to MSP Airport | 37 min | 32 min |
| Drive to Mall of America | 34 min | 28 min |
| Drive to University of Minnesota | 44 min | 32 min |
| Average commute to work | 30.6 min | 27.6 min |
| Lakes of 10+ acresMinnesota DNR lake outlines touching the city | 2 | 2 |
Source: US Census Bureau 2024 estimates and TIGER/Line; drive times from OpenStreetMap routing (light traffic).
Carver
School districts: Eastern Carver County Public Schools
Largest lakes: Rapids Lake (239 acres), Chaska Lake (52 acres)
Excelsior
School districts: Minnetonka Public School District
Largest lakes: Lake Minnetonka (14,206 acres), Galpin Lake (46 acres)
How we compare places: by their homes, housing market and location only, from public sources, never by who lives there. Medians describe the middle home; both places have homes well above and below them.
Quick answers
Carver or Excelsior?
Is Carver or Excelsior more expensive?
Excelsior. The median sale price was $725,000 there and $521,510 in Carver over the 12 months through September 2026, according to the Minneapolis Area REALTORS® Local Market Update. The median is the middle sale, so both have homes well above and below it.
Where do homes sell faster, Carver or Excelsior?
Excelsior: 46 days on market on average against 50, over the 12 months through September 2026.
Which is closer to downtown Minneapolis?
Excelsior, about 28 minutes by car in light traffic (41 from Carver). To downtown Saint Paul: 50 minutes from Carver, 41 from Excelsior.
How far apart are Carver and Excelsior?
About 10 miles in a straight line between their centers.
Which has more lakes, Carver or Excelsior?
They have the same number: 2 lakes of 10+ acres touch Carver (largest: Rapids Lake) and 2 touch Excelsior (largest: Lake Minnetonka), by Minnesota DNR lake outlines.
Which school districts serve Carver and Excelsior?
Carver: Eastern Carver County Public Schools. Excelsior: Minnetonka Public School District. School district lines don't follow city lines, so check the district for a specific address before you buy.
Should I buy in Carver or Excelsior?
It depends on your budget, the kind of home you want and where you need to get to each day. This page compares the homes, prices and locations; a Huerkamp Home Group agent can show you homes in both and walk you through what's selling now.
Keep comparing
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Deciding between them?
See homes in Carver and Excelsior.
A Huerkamp Home Group agent can show you homes in both, tell you what's selling and for how much right now, and help you decide. There's no cost to buyers.