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Advertise here →Waconia, MN · Market Data
Waconia, Minnesota real estate market data.
Real estate market data for Waconia, MN (Carver County) — Census median home value $407,600, county listing prices down about 8.4% over the past year.
Waconia, MN is in Carver County, Minnesota — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 13,223, with a median household income of $104,929. Census data puts Waconia's median home value at $407,600 (all owner-occupied homes); Carver County's current median listing price runs $521,225, down about 8.4% over the past year.
At a glance
Waconia market snapshot
Population
13,223
Median Household Income
$104,929
Median Home Value (city)
$407,600
Median Listing Price (Carver County)
$521,225
Median Gross Rent
$1,299/mo
Price Trend (YoY)
-8.4%
Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗
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What makes Waconia different
Home Value, By Source
The Census Bureau's American Community Survey (2023 5-year estimate) puts Waconia's median home value — across all owner-occupied homes, not just recent sales — at $407,600. Separately, Carver County's current median listing price (via Realtor.com data, 2026-06-01) runs $521,225. These cover different geography (city vs. county) and different measures (assessed value vs. active listings), which is why we show both rather than picking one — full source list on our data sources page.
County Price Trend
Carver County's FHFA house price index shows a 3.75% annual change in 2025.
Population & Income
Waconia has an estimated population of 13,223 and a median household income of $104,929, per the Census Bureau's American Community Survey (2023 5-year estimate).
Affordability Snapshot
Waconia's Census-reported median home value works out to about 3.9x the area's median household income, and median gross rent runs roughly 15% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.
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Common questions
Waconia FAQ
What are home values like in Waconia, MN?
The Census Bureau's American Community Survey puts Waconia's median home value at $407,600. Carver County's current median listing price runs $521,225, down about 8.4% over the past year.
What is the population of Waconia, MN?
The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Waconia's population at approximately 13,223.
What's the median rent in Waconia, MN?
The Census ACS estimates median gross rent in Waconia at approximately $1,299 per month.
What is the median household income in Waconia, MN?
Census ACS data puts the median household income in Waconia at approximately $104,929.
Is the Waconia housing market growing?
Carver County's FHFA house price index shows a 3.75% annual change in 2025.
Is Waconia, MN affordable relative to income?
Census ACS data puts Waconia's median home value at about 3.9 times the median household income, with median gross rent equal to roughly 15% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.
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