Explore Chanhassen
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Why Live in Chanhassen
Chanhassen, Minnesota, named Money magazine’s best place to live in the U.S. in 2021, offers a suburban lifestyle with a rich musical heritage and lakefront living. Located 16 miles from downtown Minneapolis, residents enjoy easy access to U.S. Interstate 495 and public transit options, including a forthcoming light rail system. The community is home to Paisley Park, the iconic studio and museum dedicated to the late musician Prince, attracting fans from around the globe. Chanhassen boasts five lakes, including Lake Susan and Lotus Lake, providing opportunities for boating, fishing, and sunbathing. Outdoor attractions include hiking at Edenbrook Conservation Area and performances at Chanhassen Dinner Theatres. Housing options range from single-family Colonial Revivals and New Traditionals to townhouses and condos, with new construction available in areas like The Park. Shopping along West 78th Street includes department stores and local boutiques, while dining options feature Kai’s Sushi, Tequila Butcher, and Med Box Grill. Students attend highly rated schools such as Chanhassen Elementary, Pioneer Ridge Middle, and Chanhassen High School, with private options like Chapel Hill Academy and St. Hubert Catholic School also available. Healthcare needs are met by Park Nicollet Urgent Care Chanhassen, and Minneapolis–Saint Paul International Airport is 19 miles away.
Home Prices in Chanhassen, MN
The median home sale price in Chanhassen, MN is $520,250, up 5% year-over-year. Homes in Chanhassen sell in 38 days on average, compared to the national average of 58 days.
Home Price Trends
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Median Sale Price
$520,250
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Median Single Family Sale Price
$639,900
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Median Townhouse Sale Price
$351,999
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Median 2 Bedroom Sale Price
$267,500
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Median 1 Bedroom Sale Price
$199,900
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Average Price Per Sq Ft
$233
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Number of Homes for Sale
64
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Last 12 months Home Sales
336
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Months of Supply
2.30
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Median List Price
$524,900
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Median Change From 1st List Price
0%
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Median Home Sale Price YoY Change
5%
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