Comprehensive market data and analysis• Updated Dec 2025
42.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | 2 | 5 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | 1 |
| 5-10 acres | - | 1 | 1 | 1 |
| 10-20 acres | - | - | - | 1 |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 1 | 3 | 8 |
Acreage buckets
The median price for land in Chaska, Minnesota is currently $428K per acre. For a typical parcel, the median sale price is $272K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $148K while premium lots reached $549K.
Chaska, Minnesota is currently a strong buyer's market with 42.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Chaska, Minnesota currently has 42.0 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
The 3-month absorption rate in Chaska, Minnesota is 2.4%. The 12-month rate is 6.0%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
The median land price in Chaska, Minnesota stands at $272K. This translates to roughly $428K per acre for the typical parcel size. The average price is $344K, indicating some higher-priced properties pulling up the average.
Land in Chaska, Minnesota typically sells within 128 days of listing. The median time on market is 153 days. Properties are moving slowly in the current strong buyer's market.
The current absorption rate in Chaska, Minnesota is 2.4% (3-month basis), indicating slow demand. The top-performing broker in this market is Keller Williams Premier Realty Lake Minnetonka.
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.