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Waconia housing market

September 2026 report · NorthstarMLS data via Minneapolis Area REALTORS® · current as of October 7, 2026

  • Median sale price$475K−1.0% vs. prior 12 months
  • Homes sold270past 12 months, +1.9%
  • Days on market49past 12 months
  • Months of supply4.6end of September 2026

The short version

Waconia in September 2026

Over the 12 months through September 2026, the median sale price in Waconia was $475,000, down 1.0% from the 12 months before.

270 homes sold in that time (up 1.9%), and 617 new listings came on the market (up 22.4%).

Homes that sold spent 49 days on market, and sellers received 98.1% of their original list price.

At the end of September 2026 there were 113 homes for sale, 4.6 months of supply.

Median sale price by month, Waconia
300k400k500k600kOct 2024Feb 2025Jun 2025Oct 2025Feb 2026Jun 2026Sep 2026$454,995Oct 2024$454,995Nov 2024$505,000Dec 2024$472,468Jan 2025$420,000Feb 2025$476,865Mar 2025$474,390Apr 2025$452,450May 2025$460,000Jun 2025$476,995Jul 2025$485,000Aug 2025$535,000Sep 2025$532,343Oct 2025$435,000Nov 2025$405,500Dec 2025$385,000Jan 2026$500,000Feb 2026$535,000Mar 2026$536,950Apr 2026$389,900May 2026$475,000Jun 2026$485,000Jul 2026$467,500Aug 2026$501,045$497,500Sep 2026$497,500

Single months can swing when few homes sell.

Show as a table
YearMedian price
Oct 2024$454,995
Nov 2024$505,000
Dec 2024$472,468
Jan 2025$420,000
Feb 2025$476,865
Mar 2025$474,390
Apr 2025$452,450
May 2025$460,000
Jun 2025$476,995
Jul 2025$485,000
Aug 2025$535,000
Sep 2025$532,343
Oct 2025$435,000
Nov 2025$405,500
Dec 2025$385,000
Jan 2026$500,000
Feb 2026$535,000
Mar 2026$536,950
Apr 2026$389,900
May 2026$475,000
Jun 2026$485,000
Jul 2026$467,500
Aug 2026$501,045
Sep 2026$497,500
Homes sold by month, Waconia
0204060Oct 2024Feb 2025Jun 2025Oct 2025Feb 2026Jun 2026Sep 202624Oct 202424Nov 202419Dec 202414Jan 20259Feb 202522Mar 202519Apr 202536May 202519Jun 202520Jul 202535Aug 202524Sep 202524Oct 202529Nov 202512Dec 202515Jan 202610Feb 202615Mar 202614Apr 202617May 202633Jun 202631Jul 202638Aug 20263020Sep 202620
Show as a table
YearClosed sales
Oct 202424
Nov 202419
Dec 202414
Jan 20259
Feb 202522
Mar 202519
Apr 202536
May 202519
Jun 202520
Jul 202535
Aug 202524
Sep 202524
Oct 202529
Nov 202512
Dec 202515
Jan 202610
Feb 202615
Mar 202614
Apr 202617
May 202633
Jun 202631
Jul 202638
Aug 202630
Sep 202620

All the numbers

Waconia vs. a year earlier

September 202612 months through September 2026
MeasureYear beforeThis yearChangeYear beforeThis yearChange
Median sale price$532,343$497,500−6.5%$480,000$475,000−1.0%
Average sale price$607,593$685,858+12.9%$508,033$521,107+2.6%
Price per square foot$216$267+23.7%$213$222+3.8%
Closed sales2420−16.7%265270+1.9%
New listings3848+26.3%504617+22.4%
Days on market4534−24.4%4449+11.4%
% of original list price received96.5%98.3%+1.9%98.4%98.1%−0.3%
Homes for sale (end of month)65113+73.8%———
Months of supply2.94.6+58.6%———

Compared with the Twin Cities region (12 months)

AreaMedian priceChangeDays on market% of list receivedMonths of supply
Waconia$475,000−1.0%4998.1%4.6
16-county Twin Cities region$395,000+1.3%5098.4%3.2

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

Quick answers

Waconia market questions

What is the median home price in Waconia, MN?

$475,000 over the 12 months through September 2026, down 1.0% from a year earlier, according to the Minneapolis Area REALTORS® Local Market Update (NorthstarMLS data). In September 2026 alone it was $497,500.

How fast are homes selling in Waconia?

Homes that sold in the 12 months through September 2026 spent 49 days on market (September 2026: 34 days).

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

At the end of September 2026, Waconia had 4.6 months of supply (113 homes for sale). Under about 4 months usually favors sellers; over about 6 favors buyers.

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