Is Waconia, MN 55387 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Waconia is a seller’s market. With about 2.3 months of supply and 30% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply2.3Under 4 months = seller’s market

Sold above original list29.6%Share of sales, last 3 months

Median sale-to-list99.2%Sold price ÷ list price

Median days on market31Listing to accepted offer

Median price per sq ft$215▲ +6.4% vs. last year

Run the numbers for 55387

Prefilled for 55387Can I win this house?Multiple-offer likelihood for a listing Prefilled for 55387Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Carver 55315Seller’s market $208 /sq ft Chanhassen 55317Seller’s market $227 /sq ft Chaska 55318Seller’s market $211 /sq ft Cologne 55322Seller’s market $181 /sq ft Browse all markets →

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology