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Chanhassen housing market, April 2026

Past report · Minneapolis Area REALTORS® Local Market Update · current as of May 7, 2026. See the newest report (September 2026)

  • Median sale price$490K−23.4% vs. April 2025
  • Homes sold36−5.3% vs. April 2025
  • Days on market39April 2026
  • Months of supply2.1end of April 2026

The short version

Chanhassen in April 2026

In April 2026, 36 homes sold in Chanhassen, against 38 in April 2025.

The median sale price was $490,000, down 23.4% from a year earlier, and homes spent 39 days on market, with sellers receiving 100.9% of their original list price.

The month ended with 63 homes for sale, 2.1 months of supply (a seller’s market by the usual measure).

Over the 12 months through April 2026, the median was $550,500 (up 3.7%) across 348 sales.

That was the 19th highest median sale price of the 77 cities in our guides with at least 10 sales that month.

Median sale price by month through April 2026, Chanhassen
200k400k600k800kOct 2024Feb 2025Jun 2025Oct 2025Feb 2026Apr 2026$442,000Oct 2024$442,000Nov 2024$495,000Dec 2024$461,000Jan 2025$375,000Feb 2025$499,900Mar 2025$435,000Apr 2025$640,000May 2025$405,000Jun 2025$615,000Jul 2025$541,250Aug 2025$575,000Sep 2025$510,000Oct 2025$630,000Nov 2025$449,450Dec 2025$660,000Jan 2026$558,763Feb 2026$639,900Mar 2026$525,000$490,000Apr 2026$490,000

Single months can swing when few homes sell.

Show as a table
YearMedian price
Oct 2024$442,000
Nov 2024$495,000
Dec 2024$461,000
Jan 2025$375,000
Feb 2025$499,900
Mar 2025$435,000
Apr 2025$640,000
May 2025$405,000
Jun 2025$615,000
Jul 2025$541,250
Aug 2025$575,000
Sep 2025$510,000
Oct 2025$630,000
Nov 2025$449,450
Dec 2025$660,000
Jan 2026$558,763
Feb 2026$639,900
Mar 2026$525,000
Apr 2026$490,000

All the numbers

Chanhassen, April 2026 vs. April 2025

April 202612 months through April 2026
MeasureYear beforeThis yearChangeYear beforeThis yearChange
Median sale price$640,000$490,000−23.4%$531,000$550,500+3.7%
Average sale price$677,984$600,220−11.5%$655,037$633,973−3.2%
Price per square foot$239$223−6.5%$236$227−3.8%
Closed sales3836−5.3%328348+6.1%
New listings4957+16.3%429497+15.9%
Days on market6239−37.1%4142+2.4%
% of original list price received99.4%100.9%+1.5%98.9%98.7%−0.2%
Homes for sale (end of month)63630.0%———
Months of supply2.42.1−12.5%———
Twin Cities region, median price$399,900$392,000−2.0%$384,000$390,000+1.6%

Source: Minneapolis Area REALTORS® Local Market Update, Chanhassen, April 2026. Data from NorthstarMLS; produced by ShowingTime Plus, LLC; current as of May 7, 2026. Does not account for seller concessions. Activity for one month can sometimes look extreme due to small sample size.

Quick answers

Chanhassen in April 2026: questions

What was the median home price in Chanhassen, MN in April 2026?

$490,000, from 36 sales (down 23.4% from April 2025), according to the Minneapolis Area REALTORS® Local Market Update (NorthstarMLS data).

How many homes sold in Chanhassen, MN in April 2026?

36, against 38 in April 2025. 57 new listings came on the market that month.

Was Chanhassen a buyer's or seller's market in April 2026?

Chanhassen ended April 2026 with 2.1 months of supply (63 homes for sale). Under about 4 months usually favors sellers; over about 6 favors buyers.

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