Market Overview
Home Prices in Chaska, MN
The median home value in Chaska, MN is $489,384 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.4% compared to a year ago and up 0.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Chaska are priced19% above average. Chaska is part of the Minneapolis-St. Paul-Bloomington, MN-WI metro area.
Over the past five years, Chaska home values have risen by approximately16.1%, reflecting steady appreciation in this market.
Price History
Chaska Home Price Trend
City Comparison
Chaska vs. National Median
At $489,384, homes in Chaska cost 19% above the national median of $410,000. Buyers in Chaska should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Chaska?
20% Down Payment
$97,877
on $489,384
Monthly P&I
$2,552/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,241/mo
incl. taxes & insurance
Income Needed
$129,640
gross annual (30% rule)
10% Down Option
$48,938
+ PMI applies
Loan Amount (20% dn)
$391,507
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 Chaska, MN?
The median home value in Chaska is $489,384 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.4% year-over-year.
How much have home prices changed in Chaska?
Over the past year, home values in Chaska have increased by 2.4%. Over five years, prices have risen approximately 16.1%.
How much do I need to earn to buy a home in Chaska?
To comfortably afford the median home price of $489,384 with a 20% down payment ($97,877) at today's rates (6.8%), you'd need a gross annual income of approximately $129,640. This assumes keeping total housing costs at or below 30% of gross income.
How does Chaska compare to the national average home price?
The national median home value is approximately $410,000. At $489,384, homes in Chaska are 19% above the national average.
What metro area is Chaska part of?
Chaska is part of the Minneapolis-St. Paul-Bloomington, MN-WI metropolitan area. Home prices and market conditions can vary across the broader metro region.