Why Live in Chanhassen
Chanhassen, named Money magazine’s best place to live in the U.S. in 2021, is a suburb known for its musical heritage and lakefront lifestyle. The neighborhood is home to the iconic Paisley Park, the former studio and home of Prince, now a museum attracting fans worldwide. Residents enjoy proximity to five lakes, including Lake Susan and Lotus Lake, offering activities like boating, fishing, and sunbathing. The area features parks and trails, such as Edenbrook Conservation Area, ideal for hiking. Chanhassen Dinner Theatres provides a local cultural attraction with Broadway-style shows. Homes in Chanhassen range from single-family Colonial Revivals and New Traditionals to townhouses and condos, with new constructions available in areas like The Park. The community includes both non-HOA and HOA subdivisions, with homes typically featuring larger lots and multi-car garages. Shopping options include department stores along West 78th Street and Eden Prairie Center, 6 miles away, with local dining spots like Kai’s Sushi and Tequila Butcher. Schools in Chanhassen, including Chanhassen Elementary, Pioneer Ridge Middle, and Chanhassen High School, are highly rated, offering personalized and advanced learning programs. Public transportation is accessible via Metro Transit buses, and the neighborhood is 19 miles from Minneapolis–Saint Paul International Airport. For healthcare, Park Nicollet Urgent Care Chanhassen is available within the community. Chanhassen also boasts a low crime risk compared to the national average, making it a practical choice for families.
Home Trends in Chanhassen, MN
On average, homes in Chanhassen, MN sell after 38 days on the market compared to the national average of 50 days. The median sale price for homes in Chanhassen, MN over the last 12 months is $521,000, up 4% from the median home sale price over the previous 12 months.
Median Sale Price
$521,000
Median Single Family Sale Price
$618,422
Median Townhouse Sale Price
$339,900
Average Price Per Sq Ft
$235
Number of Homes for Sale
91
Last 12 months Home Sales
314
Median List Price
$541,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
4%