Market Overview
Home Prices in Carver, MN
The median home value in Carver, MN is $503,971 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.2% compared to a year ago and up 0.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Carver are priced23% above average. Carver is part of the Minneapolis-St. Paul-Bloomington, MN-WI metro area.
Over the past five years, Carver home values have risen by approximately14.3%, reflecting steady appreciation in this market.
Price History
Carver Home Price Trend
City Comparison
Carver vs. National Median
At $503,971, homes in Carver cost 23% above the national median of $410,000. Buyers in Carver should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Carver?
20% Down Payment
$100,794
on $503,971
Monthly P&I
$2,628/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,338/mo
incl. taxes & insurance
Income Needed
$133,520
gross annual (30% rule)
10% Down Option
$50,397
+ PMI applies
Loan Amount (20% dn)
$403,177
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Carver, MN?
The median home value in Carver is $503,971 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.2% year-over-year.
How much have home prices changed in Carver?
Over the past year, home values in Carver have increased by 1.2%. Over five years, prices have risen approximately 14.3%.
How much do I need to earn to buy a home in Carver?
To comfortably afford the median home price of $503,971 with a 20% down payment ($100,794) at today's rates (6.8%), you'd need a gross annual income of approximately $133,520. This assumes keeping total housing costs at or below 30% of gross income.
How does Carver compare to the national average home price?
The national median home value is approximately $410,000. At $503,971, homes in Carver are 23% above the national average.
What metro area is Carver part of?
Carver is part of the Minneapolis-St. Paul-Bloomington, MN-WI metropolitan area. Home prices and market conditions can vary across the broader metro region.