Home Values

Chaska Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$237,600

  • -0.6% 1-year change
  • 0.7% 1-year forecast

Market temperature 

Based on three metrics—sale-to-list price ratio, the prevalence of price cuts on home listings, and time-on-market—the market temperature provides information on the current balance of bargaining power between buyers and sellers in this city relative to other cities in the same metropolitan area. A particular city may be identified as a good market for buyers in a metro market favorable to sellers overall. Learn more

Cold
Buyers' Market
Sellers' Market

The median home value in Chaska is $237,600. Chaska home values have declined -0.6% over the past year and Zillow predicts they will rise 0.7% within the next year. The median rent price in Chaska is $1,450, which is higher than the Minneapolis-St Paul Metro median of $1,325.

Foreclosures will be a factor impacting home values in the next several years. In Chaska 4.0 homes are foreclosed (per 10,000). This is greater than the Minneapolis-St Paul Metro value of 3.3 and also greater than the national value of 3.5

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Chaska is 1.7%, which is lower than the national value of 6.0%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Chaska homeowners underwater on their mortgage is 11.3%, which is lower than Minneapolis-St Paul Metro at 14.1%.

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Relative ZHVI
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Chaska Market Overview

Data through May 31, 2015
  • $237,600 ZHVI
  • 0.7% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (May 31, 2016)
  • No data Median listing price
  • $193,000 Median sale price
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Chaska Market Health

Data through May 31, 2015
  • No recent data Healthy
  • No data Average days on Zillow
  • 11.3% Homes with negative equity (15.4% US Avg) (Mar 31, 2015)
  • 1.7% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)

Homes foreclosed (per 10,000)

4 Chaska
3 Minneapolis-St Paul Metro
4 United States
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Nearby Cities

Name Median ZHVI
Tonka Bay $546,100
Shorewood $421,300
Excelsior $329,600
Name Median ZHVI
Victoria $318,100
Chanhassen $283,400
Spring Park $272,700
Name Median ZHVI
Carver $260,000
Shakopee $195,200
Mound $192,800

Listings & Sales

Data through May 31, 2015
  • No recent data Median list price / sq ft
  • $137 Median sale price / sq ft
  • No data Listings with price cut
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Chaska Rentals

Data through May 31, 2015
  • Zillow Rent Index

  • $1,736 Chaska
    $1,517 Minneapolis-St Paul Metro
    $1,367 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 2.1 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • $1,450 Rent list price
  • $1.08 Rent list price / sq ft
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