Why Live in Waconia
Waconia, Minnesota, located 35 miles west of Minneapolis and 45 miles west of St. Paul, is a small city known for its water recreation and community activities. Founded in the mid-1800s as a resort town on the shores of Lake Waconia, it remains a popular destination for outdoor activities. The city offers a variety of things to do, including walking and biking trails, community centers, and numerous parks, particularly around Lake Waconia. The lake itself is a hub for swimming, boating, and fishing, with Lake Waconia Regional Park providing a sandy beach, kayak and boat launches, and a walking trail on Coney Island of the West. In winter, residents enjoy ice fishing and icehouse parties on the frozen lake. Downtown Waconia features a mix of historic buildings housing local shops, a bakery, a movie theater, and dining options like Lola’s Lakehouse, which offers lakeside views. The city also hosts the annual Nickle Dickle Day festival in September, celebrating its German heritage with arts and crafts, live music, and more. Homes in Waconia range from Craftsman and ramblers to modern farmhouses, with prices varying widely. The Waconia Public Schools district is highly rated, with a low student-teacher ratio. State Highway 5 provides easy access to the Twin Cities and the Minneapolis-St. Paul International Airport, which is 33 miles away. The nearest hospital, Ridgeview Medical Center, is conveniently located in downtown Waconia. The city experiences a typical northern climate with warm summers and long, snowy winters.
Home Trends in Waconia, MN
On average, homes in Waconia, MN sell after 40 days on the market compared to the national average of 50 days. The median sale price for homes in Waconia, MN over the last 12 months is $471,275, up 3% from the median home sale price over the previous 12 months.
Median Sale Price
$471,275
Median Single Family Sale Price
$500,602
Median Townhouse Sale Price
$329,500
Average Price Per Sq Ft
$218
Number of Homes for Sale
156
Last 12 months Home Sales
243
Median List Price
$490,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
3%