Market Snapshot
Report generated March 2026
| Indicator | Value |
|---|---|
| Population | 108,622 ↑ 1.6% since 2020 |
| Median Household Income | $123,144 65% above national median |
| Median Home Value | $426,900 |
| Unemployment Rate | 3.1% |
| Median Age | 38.9 years |
| Housing Vacancy Rate | 2.8% |
| Total Land Sales (Past 12 Months) | 38 transactions |
| Active Listings | 76 properties |
| Avg Days on Market | 529 days |
Rural Land Sales (1+ Acres) (Apr 2025 – Feb 2026)
| Metric | Value |
|---|---|
| Median Price/Acre | $47,656 |
| Recent Sales | 25 transactions |
| Avg Days on Market | 188 days |
| Avg Parcel Size | 14.40 acres |
| Active Listings | 58 properties |
Recent Rural Land Sales
| Date | Acres | Price | $/Acre | Address | City |
|---|---|---|---|---|---|
| Feb 2026 | 8.00 | $812,500 | $101,562 | 5460 Marsh Lake Rd | Chaska |
| Feb 2026 | 49.86 | $949,900 | $19,051 | 4XX Laurel Ave | Cologne |
| Feb 2026 | 40.87 | $945,000 | $23,122 | 2XX Laurel Ave | Cologne |
| Jan 2026 | 2.50 | $50,600 | $20,240 | 400 Camden Ave S | New Germany |
| Dec 2025 | 2.50 | $335,000 | $134,000 | 11215 66th St | Waconia |
| Nov 2025 | 40.00 | $400,000 | $10,000 | 110th St | Norwood Young America |
| Oct 2025 | 40.09 | $852,000 | $21,252 | 3XX Laurel Ave | Cologne |
| Oct 2025 | 8.65 | $460,000 | $53,179 | 10315 Juniper Ave | Chaska |
| Oct 2025 | 1.00 | $35,000 | $35,000 | 62nd St | Mayer |
| Oct 2025 | 1.40 | $350,000 | $250,000 | 7602 Erie Ave | Chanhassen |
| Date | Acres | Price | $/Acre | Address | City |
|---|---|---|---|---|---|
| Sep 2025 | 40.03 | $746,800 | $18,656 | 1XX Laurel Ave | Cologne |
| Sep 2025 | 1.10 | $55,000 | $50,182 | 819 Beach Ball Ln | New Germany |
| Sep 2025 | 1.27 | $740,000 | $582,677 | 570 Pleasant View Rd | Chanhassen |
| Sep 2025 | 1.55 | $725,000 | $467,742 | 6460 Hawks Pointe Ln | Excelsior |
| Aug 2025 | 20.89 | $300,000 | $14,361 | 30th St | Mayer |
| Jul 2025 | 30.64 | $627,800 | $20,490 | 6XX Laurel Ave | Cologne |
| Jul 2025 | 1.92 | $1,800,000 | $937,500 | 1020 Pleasant View Rd | Chanhassen |
| Jun 2025 | 12.48 | $135,000 | $10,817 | Nwc Of Chaska Boulevard And Engler Blvd | Chaska |
| Jun 2025 | 1.00 | $295,000 | $295,000 | 621 Fox Hill Dr | Chanhassen |
| May 2025 | 5.03 | $379,900 | $75,527 | LOT 3 Harlee Ct | Waconia |
| May 2025 | 5.40 | $369,900 | $68,500 | LOT 4 Harlee Ct | Waconia |
| Apr 2025 | 3.20 | $152,500 | $47,656 | 17 County Road 151 | Belle Plaine |
| Apr 2025 | 12.18 | $258,000 | $21,182 | County Road 27 | Watertown |
| Apr 2025 | 25.00 | $205,000 | $8,200 | Mound St W | New Germany |
| Apr 2025 | 3.42 | $350,000 | $102,339 | 9865 Raspberry Hl | Chaska |
Suburban/Urban Land Sales (Under 1 Acre) (Sep 2025 – Feb 2026)
| Metric | Value |
|---|---|
| Median Lot Price | $175,800 |
| Recent Sales | 13 transactions |
| Avg Days on Market | 103 days |
| Avg Parcel Size | 0.25 acres |
| Active Listings | 18 properties |
Recent Suburban/Urban Land Sales
| Date | Acres | Price | Address | City |
|---|---|---|---|---|
| Feb 2026 | 0.31 | $149,800 | 6336 Bluebell Ln | Chaska |
| Jan 2026 | 0.10 | $315,000 | 195 Morning Dr | Mayer |
| Jan 2026 | 0.63 | $475,000 | 6518 Peaceful Ln | Chanhassen |
| Jan 2026 | 0.31 | $14,500 | 390 Camden Ave S | New Germany |
| Jan 2026 | 0.24 | $192,000 | 1956 Campfire Dr E | Waconia |
| Dec 2025 | 0.11 | $175,800 | 9144 Mills Dr | Chanhassen |
| Dec 2025 | 0.23 | $140,000 | 8101 Victoria Dr | Victoria |
| Dec 2025 | 0.35 | $980,000 | 204 Sandy Shores Rd | Waconia |
| Oct 2025 | 0.11 | $185,800 | 9154 Mills Dr | Chanhassen |
| Sep 2025 | 0.11 | $205,000 | 9064 Mills Ln | Chanhassen |
| Date | Acres | Price | Address | City |
|---|---|---|---|---|
| Sep 2025 | 0.21 | $155,000 | 116 Forest Ct | Waconia |
| Sep 2025 | 0.29 | $149,000 | 100 Forest Ct | Waconia |
| Sep 2025 | 0.20 | $145,000 | 112 Forest Ct | Waconia |
County Profile
| Demographic | Value |
|---|---|
| Total Population (2023) | 108,622 |
| Population (2020) | 106,922 |
| Population Growth | 1.59% |
| Median Household Income | $123,144 |
| Median Home Value | $426,900 |
| Total Housing Units | 41,395 |
| Vacant Housing Units | 1,164 |
| Housing Vacancy Rate | 2.8% |
| Median Age | 38.9 |
| Bachelor's Degree or Higher | 24,514 (22.6%) |
| Unemployment Rate | 3.1% |
Market Overview
Carver County, Minnesota has a population of 108,622, which has grown 1.59% since 2020. The median household income is $123,144, above the national median of $74,580 by 65.1%. The housing vacancy rate of 2.8% suggests tight market conditions. As part of Minnesota, Carver County benefits from the state's growing interest in vacant land investment. Recent rural land sales show a median price of $41,140 per acre, with properties averaging 23.40 acres. There are currently 76 active land listings in the county.
Related Resources
Nearby County Reports
Frequently Asked Questions
What is the current population of Carver County, Minnesota?
As of the 2023 American Community Survey, Carver County has a population of 108,622. The county has grown 1.59% since the 2020 Census, indicating a growing community.
What is the median household income in Carver County?
The median household income in Carver County is $123,144, which is 65.1% above the national median of $74,580.
Is Carver County growing or shrinking?
Carver County is growing. The population has increased 1.59% since 2020.
What is the housing market like in Carver County?
The median home value in Carver County is $426,900. The housing vacancy rate is 2.8%, which suggests tight market conditions. The unemployment rate is 3.1%, reflecting the local economic conditions. Recent rural land sales (1+ acres) show a median price of $41,140 per acre. Suburban/urban lots under 1 acre have a median lot price of $149,900.
Does Reelvest buy land in Carver County, Minnesota?
Yes! Reelvest Properties buys vacant land throughout Minnesota, including Carver County. We make cash offers within 24-48 hours, close in 14-30 days, and pay all closing costs. Get your free cash offer today.
Data Sources: Market data reflects recent vacant land transactions in the county. Demographic data from U.S. Census Bureau American Community Survey (2023), Bureau of Labor Statistics (2025). Updated monthly.