Comprehensive market data and analysis• Updated Dec 2025
4.0 months of supply
Low inventory favors sellers with higher prices and faster sales.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 1 | 3 | 3 | 6 |
| 1-2 acres | - | - | 2 | 3 |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 1 | 3 | 5 | 9 |
Acreage buckets
The median price for land in Chanhassen, Minnesota is currently $1.6M per acre. For a typical parcel, the median sale price is $205K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $184K while premium lots reached $952K.
Chanhassen, Minnesota is currently a seller's market with 4.0 months of supply. Buyers should be prepared to move quickly and may face competitive pricing.
Chanhassen, Minnesota currently has 4.0 months of inventory supply. This indicates a seller's market. Low supply means competition for available properties is high.
The current absorption rate in Chanhassen, Minnesota is 25.0% (3-month basis), indicating strong demand. The top-performing broker in this market is Keller Williams Premier Realty Lake Minnetonka.
Land in Chanhassen, Minnesota averages $1.2M per acre. The median price per acre is $1.6M, which may be more representative of typical transactions. Most parcels sold are around 4,792 sq ft.
The median land price in Chanhassen, Minnesota stands at $205K. This translates to roughly $1.6M per acre for the typical parcel size. The average price is $448K, indicating some higher-priced properties pulling up the average.
Over the past 12 months, Chanhassen, Minnesota saw 9 properties sold, totaling $4.0M in sales volume. In just the last 3 months, 3 properties changed hands.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
