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Waconia housing market, October 2025

Past report · Minneapolis Area REALTORS® Local Market Update · current as of November 7, 2025. See the newest report (September 2026)

  • Median sale price$435K−4.4% vs. October 2024
  • Homes sold29+20.8% vs. October 2024
  • Days on market51October 2025
  • Months of supply2.7end of October 2025

The short version

Waconia in October 2025

In October 2025, 29 homes sold in Waconia, against 24 in October 2024.

The median sale price was $435,000, down 4.4% from a year earlier, and homes spent 51 days on market, with sellers receiving 97.5% of their original list price.

The month ended with 61 homes for sale, 2.7 months of supply (a seller’s market by the usual measure).

Over the 12 months through October 2025, the median was $481,870 (up 5.5%) across 268 sales.

That was the 31st highest median sale price of the 78 cities in our guides with at least 10 sales that month.

Median sale price by month through October 2025, Waconia
300k400k500k600kOct 2024Jan 2025Apr 2025Jul 2025Oct 2025$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$532,343$435,000Oct 2025$435,000

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

All the numbers

Waconia, October 2025 vs. October 2024

October 202512 months through October 2025
MeasureYear beforeThis yearChangeYear beforeThis yearChange
Median sale price$454,995$435,000−4.4%$456,823$481,870+5.5%
Average sale price$443,718$522,534+17.8%$460,802$516,493+12.1%
Price per square foot$197$222+13.0%$205$216+5.3%
Closed sales2429+20.8%254268+5.5%
New listings4435−20.5%447494+10.5%
Days on market4451+15.9%4045+12.5%
% of original list price received99.7%97.5%−2.2%98.1%98.2%+0.1%
Homes for sale (end of month)7261−15.3%———
Months of supply3.42.7−20.6%———
Twin Cities region, median price$381,950$389,900+2.1%$376,000$390,000+3.7%

Source: Minneapolis Area REALTORS® Local Market Update, Waconia, October 2025. Data from NorthstarMLS; produced by ShowingTime Plus, LLC; current as of November 7, 2025. Does not account for seller concessions. Activity for one month can sometimes look extreme due to small sample size.

Quick answers

Waconia in October 2025: questions

What was the median home price in Waconia, MN in October 2025?

$435,000, from 29 sales (down 4.4% from October 2024), according to the Minneapolis Area REALTORS® Local Market Update (NorthstarMLS data).

How many homes sold in Waconia, MN in October 2025?

29, against 24 in October 2024. 35 new listings came on the market that month.

Was Waconia a buyer's or seller's market in October 2025?

Waconia ended October 2025 with 2.7 months of supply (61 homes for sale). Under about 4 months usually favors sellers; over about 6 favors buyers.

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