Welcome to our 55318 real estate data hub, tailored for investors in Chaska, MN. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.
Explore essential data such as home prices, rental rates, and appreciation trends specific to 55318 in Chaska, MN. Discover Section 8 housing opportunities and challenges to maximize your investment potential in CARVER COUNTY.
Leverage our comprehensive, zip code-specific data to excel in Chaska, MN real estate investing. Uncover the wealth of information available, and position yourself for success in the Chaska property market.
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Location Overview
- Zip Code: 55318
- City: Chaska
- State: MN
- Metro Area: Minneapolis-St. Paul-Bloomington, MN-WI
- County Name: CARVER COUNTY
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Real Estate Market Snapshot
- Average Home Price (All Types): $413,069
- Average Home Price (Single Family Homes): $425,079
- Average Monthly Rental Price (All Types): $1,755
- Price-to-Rent Ratio: 20
- Zillow Projected % appreciation from 4/2023-4/2024: -0.7%
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Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $1,460
- Average 3 Bedroom Section 8 Rental Rates: $1,980
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 23.58
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 17.39
- Number of Units Offered in Section 8 in the County: 201
- Number of Occupied Units in Section 8 in the County: 190
- Percentage of Section 8 Units Occupied in the County: 94.80000305%
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Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): 213.36
- Total % Appreciation since 2000 (Government Data): 95.14
- YTD Appreciation (Backwards from 4/2023, Realtor Data): -0.08%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 0.67%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 22.44%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 32.41%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 76.64%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 40.89%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 59%
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Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): -1.42%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 3.8%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%