55317, Chanhassen, MN

The Chanhassen, MN 55317 zip code has a population of around 36,000 people and is located in the Twin Cities metropolitan area. The median home value in this zip code is $269,000 which is significantly higher than the national median home value of $177,500. The percentage of homes in this zip code that are owner-occupied is significantly higher than the national percentage of owner-occupied homes at 63%. Additionally, the percentage of homes in this zip code that are rented is also significantly higher than the national percentage of rented homes at 27%.

One reason for the high home values in this zip code may be due to its proximity to both Minneapolis and St. Paul. Both cities have a large population and are known for their high quality of life. Additionally, many businesses and jobs are located within close proximity to this zip code which may also contribute to its high home values.

Despite the high home values in this zip code, there may still be opportunities for those who want to purchase a home here. The current market conditions may be favorable for those who are looking to buy a home as prices have decreased slightly over the past year. Additionally, there are many neighborhoods within this zip code that offer a variety of housing options including single family homes, townhomes/condos, and apartments.