The story of this market
The typical home in Carver County, Minnesota sells for about $500,000, or $215 per square foot.
Prices are down 9.89% from a year ago, which gives buyers more room to negotiate. Homes take about 8.64 days to sell, which is fast. Over the long run, values in this county have grown 117% since 2000. Last year 21 of 25 neighborhoods saw prices rise, so the story isn't the same street to street. The biggest natural hazard here is strong wind, which FEMA rates relatively high. HUD's fair market rent for a two-bedroom is $1,734 a month.
HUD sets the fair market rent for a 2-bedroom at $1,734 a month. FEMA's National Risk Index rates overall hazard risk here as Very Low.
Price climate
Every year of price change, 2000–2025
+3.3%
2025
Each stripe is one year's median price change across the area's census tracts (FHFA repeat-sales index). Deep blue is a strong gain year, red a falling year. Best: 2022 (+12.6%). Worst: 2011 (-7%). Hover to read a year.
Monthly price momentum
Home values since 2015
+1.5%
MN · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Rent benchmark
Fair market rent by size
$2,264
3-bed / month
HUD Fair Market Rents, fiscal 2027, for this county. A typical rent for a modest unit, used to set housing-voucher payments.
Neighborhood price trend
Long-run price trend, 2000–2025
+3.3%
2025 change
FHFA repeat-sales index, median of 25 census tracts in this county (2000 = 100). Bars are each year's median change.
Natural hazard exposure
The area's risk shape
37
Very Low
FEMA National Risk Index. Each spoke is a hazard ranked nationally, where 100 is the most exposed. Expected annual loss: $41,418,693.
Mortgage activity
Home lending in this county
86.3%
2018 approval rate
| Year | Applications | Loans made | Approval | Investor share | Median home value |
|---|---|---|---|---|---|
| 2018 | 6244 | 3624 | 86.3% | 4.1% | $355,000 |
CFPB Home Mortgage Disclosure Act records: every mortgage application reported by lenders for homes in this county. Approval rate is approved ÷ decided (withdrawn and incomplete files excluded). Investor share and home value are the median census tract.
Carver County, Minnesota
Carver County's housing market is currently experiencing a cooling phase, evidenced by a year-over-year decline in median listing prices. While inventory levels have increased, the market remains characterized by high homeownership rates and a relatively high price-to-income ratio.
No ARED distress-ledger coverage for this county yet — the foreclosure ingest rotates the national county directory, and filings appear here once the county's posted notices are read. Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).
Select a city to expand its ZIP intel reports beneath · 11 cities · 13 ZIP reports
Median prices moved up 5.2% year over year.
Homes spend a median of 36 days on market with 2.5 months of supply — a fast-moving market.
13% of listings have cut prices · homes sell at 87.77% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) — a stable, low-distress profile.
Deterministic aggregate of 13 researched ZIP reports — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
No researched properties in this county yet — the property base layer populates as property research runs, and each property feeds its ZIP's roll-up.
researched Sep 30
researched Sep 30
researched Sep 30
researched Oct 1
researched Sep 18
researched Sep 19
researched Sep 20
researched Sep 30
researched Sep 30
researched Sep 30
| 55315 | Carver | $510,000 | $216 | +2.2% | 37 | 98.5% | 15% | 3.2 | 27 | $1,386 | researched Sep 30 |
| 55317 | Chanhassen | $520,000 | $215 | +23.1% | 21 | 100% | 11.1% | 1.4 | 63 | $1,840 | researched Sep 30 |
| 55318 | Chaska | $389,200 | $195 | +2.5% | 30 | 98.5% | 15% | 3.2 | 115 | $1,555 | researched Sep 30 |
| 55322 | Cologne | $443,415 | $185 | — | 78 | — | — | — | 101 | $868 | researched Oct 1 |
| 55339 | Hamburg | $359,000 | $103 | 0% | 65 | 98% | — | 4 | 4 | $955 | researched Sep 18 |
| 55360 | Mayer | $330,400 | $247 | +6% | 27 | 99.6% | 12.5% | 2.1 | 162 | $1,618 | researched Sep 19 |
| 55367 | New Germany | $550,000 | $214 | +2.5% | 45 | 98.5% | 14% | 2.3 | 7 | $1,227 | researched Sep 20 |
| 55368 | Norwood Young America | $376,000 | $251 | +63.2% | 45 | 100% | 15% | 3.2 | 30 | $1,213 | researched Sep 30 |
| 55386 | Victoria | $544,226 | $218 | -8.5% | 23 | — | — | — | 34 | $2,125 | researched Sep 30 |
| 55387 | Waconia | $550,000 | $225 | +3.2% | 37 | 98.5% | 28% | 4.9 | 237 | $1,330 | researched Sep 30 |
Figures are each ZIP report's own latest research — the county roll-up aggregates them sales_count-weighted (population fallback); ZIPs cycle quarterly.
Reporting agencies in Carver County recorded a violent crime rate of 85 per 100,000 residents in 2024, which is lower than most counties nationally.
The county economy employs approximately 60,800 people, with significant residential development and a high homeownership rate of 81.5%.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Minnesota) — Condominium Unit Taxation: Each unit constitutes a separate parcel for tax purposes. If a declaration is recorded at least 30 days before a tax installment is due, the taxing authority must split the taxes among the units. State (Minnesota) — Minnesota General Property Tax Classification System: Property tax is calculated by applying a class rate to the parcel's estimated market value to determine tax capacity, then multiplying by the local tax rate. For residential homesteads (Class 1a), the rate is 1.00% for the first $500,000 of market value and 1.
The county's economy is diverse, employing over 60,000 people with a strong emphasis on residential stability and a high median household income.
Residents primarily commute by driving alone, with an average commute time of 25.6 minutes.
- Mall of America®4.626.6 mi
- Valleyfair4.216.5 mi
- Great Wolf Lodge | Minnesota3.926.2 mi
- Nickelodeon Universe4.526.6 mi
- Slick City Action Park4.525.7 mi
- U.S. Bank Stadium4.627.7 mi
- Minneapolis Convention Center4.526.9 mi
- Canterbury Park4.514.9 mi
- Topgolf Brooklyn Center4.329.6 mi
- The Armory4.727.5 mi
- Valleyfair4.216.5 mi
- Canterbury Park4.514.9 mi
- University of Minnesota Landscape Arboretum4.88.6 mi
- Paisley Park4.811.2 mi
- AMC Eden Prairie Mall 184.117.7 mi
- Minneapolis Institute of Art4.826.6 mi
- University of Minnesota Landscape Arboretum4.88.6 mi
- Walker Art Center4.526.2 mi
- Historic Stone Arch Bridge4.828.1 mi
- Paisley Park4.811.2 mi
- University of Minnesota Landscape Arboretum4.88.6 mi
- Hyland Lake Park Reserve4.719.9 mi
- Baker Park Reserve4.715.2 mi
- Bryant Lake Regional Park4.817.9 mi
- Miller Park4.614.6 mi
- Howard's Point Marina4.69.4 mi
- Metro Lakes Marina & Rentals LLC.4.510.3 mi
- In Towne Marina4.71.8 mi
- Bay to Bay Boat Club4.911.9 mi
- Braemar Golf Course4.419.8 mi
- Baker National Golf Course4.416.7 mi
- Stonebrooke Golf Club4.314 mi
- Hazeltine National Golf Club4.79.5 mi
- The Wilds Golf Club4.417.1 mi
- Ridgedale Center4.419.6 mi
- Asia Mall4.317.4 mi
- Eden Prairie Center4.417.8 mi
- Hy-Vee Grocery Store4.412.5 mi
- Fleet Farm4.27.2 mi
- Minneapolis-Saint Paul International Airport4.428.2 mi
- Shoyu3.728.3 mi
- Mimosa328.3 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
The amenity base that shapes daily life and property demand in this county — what residents actually live with, and what the pipeline is adding.
The largest university in the county, contributing to the local educational and economic landscape.
Data retrieved from Data USA and Census Bureau profiles.
applies when — Parcels designated as condominium units
Each unit constitutes a separate parcel for tax purposes. If a declaration is recorded at least 30 days before a tax installment is due, the taxing authority must split the taxes among the units.
Minnesota Statutes 515A.1-105
applies when — Property containing a homestead subject to foreclosure
The mortgagor has the right to designate a portion of the property as a homestead to be sold and redeemed separately, provided it conforms to local zoning and is compact.
Minnesota Statutes 582.041
Allows non-judicial foreclosure. Requires notice of sale to be mailed to the mortgagor at least 14 days before the sale date and published in a newspaper. Mortgagors have specific redemption rights following the sale.
Minnesota Statutes Chapter 580
Property tax is calculated by applying a class rate to the parcel's estimated market value to determine tax capacity, then multiplying by the local tax rate. For residential homesteads (Class 1a), the rate is 1.00% for the first $500,000 of market value and 1.25% for value exceeding $500,000.
2021 Classification Rate Table, Minnesota Department of Revenue
≈ $5,000/yr on a $500,000 median
Governance registry — every jurisdiction re-researches on a rolling 90-day cycle. Property reports compose these inherited burdens into a per-parcel ledger with conditional determinations. Informational only — not legal advice.