Home prices
The cost of the median home in Chanhassen is $381,300. In comparison to the surrounding areas it is approximately $164,520 (30%) lower.Compared to the nation as a whole it is roughly $163,800 (75%) higher, and in comparison to the city of Minneapolis it is roughly $129,700 (51%) higher.
Rents
The median rent in Chanhassen is $1,378 a month. In comparison to its nearby areas this is about $88 (6%) higher.It is approximately $316 (29%) higher in comparison to the nation as a whole, and it is about $351 (34%) higher in comparison to the city of Minneapolis.
Nearby places
Chaska
Chaska is Chanhassen's neighbor to the southwest. Its real estate prices are significantly less expensive. The median home in Chaska costs $266,200, which is $115,100 (43%) lower than Chanhassen. Rent there is a little less expensive. The median rent in Chaska is $1,178 a month, which comes out to $200 (16%) lower than Chanhassen.
Shorewood
Shorewood is Chanhassen's neighbor to the north. The real estate prices there are somewhat more expensive. The value of the median home in Shorewood is $485,300, which comes out to $104,000 (21%) higher than Chanhassen. The rent there is a little more expensive. The median monthly rent in Shorewood is $1,639, which works out to $261 (15%) higher than Chanhassen.
Victoria
Victoria is Chanhassen's neighbor to the west. Its housing prices are a little more expensive. The median home in Victoria costs $427,400, which comes out to $46,100 (10%) higher than Chanhassen. Rent there is a bit less expensive. The median rent in Victoria is $1,285 per month, which works out to $93 (7%) lower than Chanhassen.
Excelsior
Excelsior is roughly 3 miles north of Chanhassen. Its real estate prices are a lot more expensive. The median home in Excelsior is valued at $617,100, which comes out to $235,800 (38%) higher than Chanhassen. Rent there is a lot less expensive. The median rent in Excelsior is $949 per month, which is $429 (45%) lower than Chanhassen.
Greenwood
Greenwood is approximately 3 miles north from Chanhassen. Its housing prices are substantially more expensive. Greenwood's median home cost is $933,100, which is $551,800 (59%) higher than Chanhassen. The rent there is similar. The median rent in Greenwood is $1,400 a month, which comes out to $22 (1%) higher than Chanhassen.