Carver County, MN Average Home Price (2026)
The average home price in Carver County, Minnesota is about $427,000 (the 2026 median across 12 ZIP codes, at ~$209/sq ft) — 44% more expensive than the Minnesota median and 48% more expensive than the typical U.S. home.
How Carver County compares
Carver County is relatively expensive for housing nationally: its typical home costs $427,000 against $297,000 for Minnesota and $289,000 for the U.S. Within the county, ZIP-level values run from about $347,000 to $621,000.
| Area | Typical value | $ / sq ft |
|---|---|---|
| Carver County | $427,000 | $209 |
| Minnesota | $297,000 | $188 |
| United States | $289,000 | $193 |
Carver County home prices by ZIP code
The 12 most valuable ZIP codes in Carver County (of 12 with data):
| ZIP code | Typical value | $ / sq ft | vs county |
|---|---|---|---|
| 55386 Victoria | $621,000 | $207 | +45% |
| 55317 Chanhassen | $534,000 | $211 | +25% |
| 55315 Carver | $508,000 | $212 | +19% |
| 55318 Chaska | $483,000 | $201 | +13% |
| 55387 Waconia | $464,000 | $219 | +9% |
| 55322 Chaska | $459,000 | $224 | +7% |
| 55367 New Germany | $395,000 | $362 | -7% |
| 55360 Mayer | $391,000 | $251 | -8% |
| 55388 Watertown | $380,000 | $199 | -11% |
| 55368 Norwood Young America | $358,000 | $99 | -16% |
| 55339 Hamburg | $350,000 | $203 | -18% |
| 55397 Norwood Young America | $347,000 | $181 | -19% |
Home value appreciation in Carver County
Home prices in Carver County have risen about 66% over the last 10 years (≈5.2% a year) and +49.9% over 20 years, according to the FHFA house price index through 2025. The most recent year came in at +3.8% — still rising. A home worth $427,000 today was worth roughly $257,695 ten years ago.
See where that trend takes a specific home with the home appreciation calculator — statewide, Minnesota is +71.4% over the same 10 years. Past appreciation is a track record, not a forecast; local prices can fall.
Calculators for Carver County
Run the numbers for Carver County with the local rates already filled in — change any input to test your own situation.
Salary needed to buy a home in Carver County
To buy the typical $427,000 home in Carver County with 20% down, you need a household income of roughly $116,000 a year (about $2,710 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $138,000, because the loan is bigger and mortgage insurance kicks in.
| Down payment | Cash down | Monthly payment | Income needed |
|---|---|---|---|
| 5% (+PMI) | $21,400 | $3,370/mo | $144,000/yr |
| 10% (+PMI) | $42,700 | $3,220/mo | $138,000/yr |
| 20% | $85,400 | $2,710/mo | $116,000/yr |
Assumes a 30-year fixed mortgage at 6.5%, property tax at 1.1% and insurance at 0.45% of value per year, PMI of 0.75% on loans with less than 20% down, and the standard 28% housing-to-income rule. Your rate, taxes, and HOA will move these — run your own numbers in the mortgage calculator.
What your budget buys in Carver County
At about $209 per square foot, here is roughly how much home different budgets get you in Carver County:
| Budget | Approx. size | What that looks like locally |
|---|---|---|
| $200k | 960 sq ft | below the local median — condos, smaller or older homes |
| $250k | 1200 sq ft | below the local median — condos, smaller or older homes |
| $300k | 1440 sq ft | below the local median — condos, smaller or older homes |
| $400k | 1910 sq ft | around the typical home here |
| $500k | 2390 sq ft | around the typical home here |
Wondering where that budget goes further? The relocation calculator ranks hundreds of U.S. cities by what the same money buys — it opens filtered to Minnesota.
Estimate a specific home in Carver County
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Carver County home prices: frequently asked
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Browse all Minnesota cities and counties, or look up price per square foot by ZIP code nationwide.
Directional estimates from public market data (Realtor.com & Zillow research; FHFA house price index; Census ZIP-to-county relationships), not appraisals.