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Waconia housing market, May 2026

Past report · Minneapolis Area REALTORS® Local Market Update · current as of June 5, 2026. See the newest report (September 2026)

  • Median sale price$475K+3.3% vs. May 2025
  • Homes sold33+73.7% vs. May 2025
  • Days on market45May 2026
  • Months of supply4end of May 2026

The short version

Waconia in May 2026

In May 2026, 33 homes sold in Waconia, against 19 in May 2025.

The median sale price was $475,000, up 3.3% from a year earlier, and homes spent 45 days on market, with sellers receiving 99.3% of their original list price.

The month ended with 91 homes for sale, 4 months of supply.

Over the 12 months through May 2026, the median was $482,567 (up 2.7%) across 251 sales.

That was the 25th highest median sale price of the 81 cities in our guides with at least 10 sales that month.

Median sale price by month through May 2026, Waconia
300k400k500k600kOct 2024Feb 2025Jun 2025Oct 2025Feb 2026May 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$389,900$475,000May 2026$475,000

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
Feb 2026$535,000
Mar 2026$536,950
Apr 2026$389,900
May 2026$475,000

All the numbers

Waconia, May 2026 vs. May 2025

May 202612 months through May 2026
MeasureYear beforeThis yearChangeYear beforeThis yearChange
Median sale price$460,000$475,000+3.3%$469,910$482,567+2.7%
Average sale price$539,159$483,761−10.3%$487,178$515,299+5.8%
Price per square foot$216$218+1.3%$211$213+0.8%
Closed sales1933+73.7%250251+0.4%
New listings5763+10.5%492531+7.9%
Days on market4045+12.5%4149+19.5%
% of original list price received97.1%99.3%+2.3%98.7%97.9%−0.8%
Homes for sale (end of month)8791+4.6%———
Months of supply4.24−4.8%———
Twin Cities region, median price$395,000$399,000+1.0%$385,000$390,000+1.3%

Source: Minneapolis Area REALTORS® Local Market Update, Waconia, May 2026. Data from NorthstarMLS; produced by ShowingTime Plus, LLC; current as of June 5, 2026. Does not account for seller concessions. Activity for one month can sometimes look extreme due to small sample size.

Quick answers

Waconia in May 2026: questions

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

$475,000, from 33 sales (up 3.3% from May 2025), according to the Minneapolis Area REALTORS® Local Market Update (NorthstarMLS data).

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

33, against 19 in May 2025. 63 new listings came on the market that month.

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

Waconia ended May 2026 with 4 months of supply (91 homes for sale). Under about 4 months usually favors sellers; over about 6 favors buyers.

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