Chaska, MN — Momentum Score, Home Values & Best-For

All states·Minnesota·Chaska

Carver County · Minneapolis-St. Paul-Bloomington · population 30,167

Growing fast
Chaska, MN
Image: Wikipedia · Chaska, Minnesota
OverviewCost of livingMoving guide
View watchlist →
69
Rising
Momentum score · 0–100

Where Chaska stands

At or near all-time high. population growing 2.1% per year.

Median home $484,698
1-year +2.1%
5-yr CAGR +3.7%
vs 5-yr peak +0.0%
Population +2.1%/yr

Home value trajectory · last 10 years

Zillow ZHVI · monthly
peak 2026-04$485k$286k$359k$432k$504k201620182020202220242026

Lifestyle scores

🚶
Walkability
32/100
Very car-dependent
Estimated from population density. Higher = denser, more amenities within walking distance.
🚉
Public transit
22/100
Transit limited
Curated list of major US transit systems + population-based estimate. Higher = real subway/rail/bus options.
💻
Remote work fit
82/100
Excellent for remote work
Composite of city size, housing cost, state tax structure, and region's remote-work track record.

Scores are heuristic estimates from population density, state, and known transit/walkable cities. Not based on a paid Walk Score / Transit Score API — see methodology for the formula.

Rent trajectory · last 5 years

Zillow ZORI · monthly
$1,828/mo$1,431$1,689$1,946202220242026

Home value vs rent · indexed to 100

Both rebased at first month of ZORI data (~2015)
Home valueRent112117100120202220242026

Rent vs buy

Price-to-rent ratio: 22.1
Lean rent

At a 22.1 price-to-rent ratio, the math is starting to lean toward renting in Chaska. Owner-occupier ROI requires longer holds and the assumption that prices keep appreciating roughly at the rate of rent.

How the momentum score breaks down

methodology →
Home YoY
61 · w22%
Home 5-yr CAGR
57 · w22%
Distance from peak
90 · w18%
Population growth
81 · w16%
Rent YoY
71 · w12%
Home 10-yr CAGR
59 · w10%
Long thesis

Chaska has held up across the cycle: home values at $484,698 with +3.7% 5-year CAGR. The bull case is structural — population, location, employer base — and holds even if next year's print is soft.

Short thesis

Chaska's bear case is the boring one: the cycle is real and any market that's run hard can stall. Watch for slowing population growth, rising days-on-market, or builder discounts as the early warning signals.

About Chaska

Chaska is a city in Carver County, Minnesota, with an estimated population of 30,167. It anchors the Minneapolis-St. Paul-Bloomington metro area. The population has grown 2.1% per year on average between 2020 and 2024 — among the faster-growing communities in the state. The median home value in Chaska is $484,698 as of 2026-04, up 2.1% over the last 12 months. Over the last five years, home values have averaged +3.7% annual growth, with prices at or near the 5-year peak. Rents in Chaska average $1,828 per month, up 3.9% year-over-year. The composite momentum score is 69 of 100 (Rising). The market is healthy with prices supported by underlying demand.

▲ Bull case

●People are voting with their feet: population growing 2.1% per year since 2020 — that’s faster than ~80% of US cities.
●Quiet strength: +2.1% over the trailing year — not a melt-up, but the market is bid.
●Held the highs: currently +0.0% from the 5-year peak — this market refused to give back gains.

▼ Bear case

○Local nuance: city-level data smooths over neighborhood differences. School zones, HOA rules, and street-level character matter — visit before deciding.

About Chaska (Wikipedia)

Chaska is a city in and the county seat of Carver County, Minnesota, United States. The population was 27,810 at the 2020 census. An outer ring suburb of the Twin Cities located 21 miles (34 km) southwest of Minneapolis, Chaska is home to the Hazeltine National Golf Club, which has hosted two PGA Championships and the Ryder Cup. The City of Chaska merged with Chaska Township in 2006.

Source: Wikipedia · this summary is contributed and licensed under CC-BY-SA.

Playbook

Buyer

You're not in a frenzy but you're not getting bargains either. Make a competitive offer with normal inspection terms. Don't lowball — the listing will move with or without you.

Seller

Price at fair market value; expect movement in 30-45 days. Don't get clever with terms (rent-back, contingencies) — buyers in a Rising market have options.

Investor

Appreciation tailwind exists but cash flow requires discipline on price. Run the numbers conservatively and confirm rent comps before committing.

Local safety & alerts

No active National Weather Service alerts for Carver County right now.

NWS active alerts (MN)Minnesota Emergency ManagementHow to prepare (NWS)

Public-safety links are official .gov sources, not curated by us. Carver County routes NWS alerts; check the state EM portal for non-weather emergencies.

Cities like Chaska

Elk River, MN69 · RisingMonticello, MN69 · RisingHugo, MN67 · RisingLino Lakes, MN67 · Rising

Run the numbers for Chaska

ToolCan I afford Chaska?Income → city shortlistToolROI on a Chaska rentalCap rate, cash-on-cash, DSCRToolCompare Chaska to anywhereSide-by-side up to 3 citiesToolChaska cost-of-livingEquivalent income elsewhere

Sources: Zillow ZHVI (home values), Zillow ZORI (rents), US Census ACS + place population. Updated when source agencies publish revisions.

Climate & natural-disaster risk

Winter (Jan)
22° / 4°
avg high / low
Summer (Jul)
82° / 62°
avg high / low
Sunny days/yr
198
~54% of year
Annual precip
28″ rain
45″ snow
Disaster risk (1=very low, 5=very high)
Hurricane
Very low
Tornado
High
Wildfire
Very low
Earthquake
Very low
Flood
Low

State-level averages from NOAA Climate Normals (1991-2020) and FEMA National Risk Index. City-level conditions can vary significantly within a state.

Local sports teams

Major professional teams the Minneapolis-St. Paul-Bloomington area cheers for. Detailed stats, schedules, and player pages on intherafters.com.

Current weather

Loading current conditions…

7-day forecast on weather.gov →

Find rentals & listings

Open current Chaska listings on the major real-estate sites.

Links open the live search on the destination site — results are always current.

Local news & community

Updated 2026-05-21 from Google News + Reddit RSS. Headlines link to original sources.

Local economy & environment

Humidity
71%
Humid climate
Median household income
$84,300
Minnesota state median
Top industries (state-level)
Medical DevicesFinanceManufacturing

Humidity is annual average relative humidity (NOAA). Income is Census ACS 5-year estimate. Industries are largest employment sectors statewide (BLS); the local mix in a given city may vary.

Cities similar to Chaska

Explore other places with comparable momentum or affordability.

See all Minnesota cities →    Browse best-of lists →