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Waconia housing market, January 2026

Past report · Minneapolis Area REALTORS® Local Market Update · current as of February 6, 2026. See the newest report (September 2026)

  • Median sale price$500K+19.0% vs. January 2025
  • Homes sold10+11.1% vs. January 2025
  • Days on market105January 2026
  • Months of supply3.2end of January 2026

The short version

Waconia in January 2026

In January 2026, 10 homes sold in Waconia, against 9 in January 2025.

The median sale price was $500,000, up 19.0% from a year earlier, and homes spent 105 days on market, with sellers receiving 95.9% of their original list price.

The month ended with 69 homes for sale, 3.2 months of supply (a seller’s market by the usual measure).

Over the 12 months through January 2026, the median was $472,478 (up 2.1%) across 266 sales.

That was the 8th highest median sale price of the 51 cities in our guides with at least 10 sales that month.

Median sale price by month through January 2026, Waconia
300k400k500k600kOct 2024Jan 2025Apr 2025Jul 2025Oct 2025Jan 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$385,000$500,000Jan 2026$500,000

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
Nov 2025$405,500
Dec 2025$385,000
Jan 2026$500,000

All the numbers

Waconia, January 2026 vs. January 2025

January 202612 months through January 2026
MeasureYear beforeThis yearChangeYear beforeThis yearChange
Median sale price$420,000$500,000+19.0%$462,909$472,478+2.1%
Average sale price$431,480$790,110+83.1%$470,354$519,116+10.4%
Price per square foot$199$247+24.3%$207$217+4.6%
Closed sales910+11.1%253266+5.1%
New listings4247+11.9%459505+10.0%
Days on market49105+114.3%4046+15.0%
% of original list price received97.4%95.9%−1.5%98.1%98.1%0.0%
Homes for sale (end of month)6369+9.5%———
Months of supply2.93.2+10.3%———
Twin Cities region, median price$370,000$375,000+1.4%$380,000$390,000+2.6%

Source: Minneapolis Area REALTORS® Local Market Update, Waconia, January 2026. Data from NorthstarMLS; produced by ShowingTime Plus, LLC; current as of February 6, 2026. Does not account for seller concessions. Activity for one month can sometimes look extreme due to small sample size.

Quick answers

Waconia in January 2026: questions

What was the median home price in Waconia, MN in January 2026?

$500,000, from 10 sales (up 19.0% from January 2025), according to the Minneapolis Area REALTORS® Local Market Update (NorthstarMLS data).

How many homes sold in Waconia, MN in January 2026?

10, against 9 in January 2025. 47 new listings came on the market that month.

Was Waconia a buyer's or seller's market in January 2026?

Waconia ended January 2026 with 3.2 months of supply (69 homes for sale). Under about 4 months usually favors sellers; over about 6 favors buyers.

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