House Prices

Forest Ridge Chanhassen, MN House Prices & Home Values 2026


Average Data

average house price$535,642
average size per house2387 ft²
average price per ft²211 $ / ft²

04/15/2026 - The value range (VR) for house prices in Forest Ridge Chanhassen, MN is $200.45/ sqft to $221.55/ sqft. An average home with 2387 sqft costs approximately $449,288 to $496,581. Chanhassen, MN includes 1 ZIP codes and it is located in Carver county. The lowest prices are found in ZIP 55317, while the highest are in ZIP 55317. The average price per sqare feet is $211. Our analysis is based on 11 property listings.

Avergage prices by ZIP codes Forest Ridge Chanhassen

55317231 $ / ft²




Historical development of home values in Forest Ridge Chanhassen

Year Estimated value (USD) Change vs. 2025
2010 $248,762 -53.6%
2011 $239,142 -55.4%
2012 $238,498 -55.5%
2013 $247,413 -53.8%
2014 $259,715 -51.5%
2015 $273,045 -49.0%
2016 $287,294 -46.4%
2017 $302,800 -43.5%
2018 $319,541 -40.3%
2019 $334,358 -37.6%
2020 $351,642 -34.4%
2021 $399,955 -25.3%
2022 $466,258 -13.0%
2023 $491,691 -8.2%
2024 $520,136 -2.9%
2025 $535,642 0.0%

Graph: estimated home values in Forest Ridge Chanhassen over time (USD)



Example: 100% financing house in Forest Ridge Chanhassen

Loan amount: $535,642

Interest rate: 5.63%

Fixed monthly payment: $3,086.50

Breakdown in the 1st month:
Interest portion: $2,514.84  –  Principal portion: $571.66

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $29,998.13 $7,039.89 $528,602.11
2 $29,591.10 $7,446.93 $521,155.18
3 $29,160.53 $7,877.49 $513,277.69
4 $28,705.07 $8,332.95 $504,944.74
5 $28,223.28 $8,814.74 $496,129.99
6 $27,713.63 $9,324.39 $486,805.60
7 $27,174.51 $9,863.51 $476,942.09
8 $26,604.22 $10,433.80 $466,508.29
9 $26,000.97 $11,037.06 $455,471.24
10 $25,362.83 $11,675.20 $443,796.04
11 $24,687.79 $12,350.23 $431,445.81
12 $23,973.73 $13,064.29 $418,381.52
13 $23,218.38 $13,819.64 $404,561.87
14 $22,419.36 $14,618.67 $389,943.21
15 $21,574.14 $15,463.89 $374,479.32
16 $20,680.05 $16,357.97 $358,121.35
17 $19,734.26 $17,303.76 $340,817.59
18 $18,733.80 $18,304.22 $322,513.37
19 $17,675.49 $19,362.53 $303,150.84
20 $16,555.99 $20,482.03 $282,668.80
21 $15,371.76 $21,666.26 $261,002.54
22 $14,119.06 $22,918.96 $238,083.58
23 $12,793.94 $24,244.08 $213,839.50
24 $11,392.20 $25,645.82 $188,193.68
25 $9,909.41 $27,128.61 $161,065.07
26 $8,340.89 $28,697.13 $132,367.94
27 $6,681.69 $30,356.33 $102,011.61
28 $4,926.55 $32,111.47 $69,900.14
29 $3,069.93 $33,968.09 $35,932.05
30 $1,105.97 $35,932.05 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Forest Ridge Chanhassen, MN


1500 sqft3900 sqft
Ø selling price$359,605$764,977
Ø fast selling$326,913$688,479
Ø high price sale$392,296$841,474

In 2026, houses in Forest Ridge Chanhassen, MN will be offered at an average price of $211 per square foot. A 1,500 sqft home priced at $359,605 is 21.60% more expensive per square foot than a 3,900 sqft home priced at $764,977. Home prices in Forest Ridge Chanhassen, MN vary significantly depending on the property’s condition and exact location. For a quick sale, a 2,700 sqft home should be listed at around $529,599. Sellers who can wait longer may achieve a higher price of up to $647,288.


Forest Ridge Neighborhood in Chanhassen, MN

Overview

Forest Ridge in Chanhassen, MN is a serene neighborhood known for mature trees, quiet streets, and a close-knit feel. Tucked near the area?s scenic lakes and trail systems, the community blends suburban comfort with easy access to nature. Residents appreciate its well-kept sidewalks, cul-de-sacs, and a peaceful setting that still keeps daily conveniences close.

Lifestyle and Amenities

Outdoor lovers enjoy nearby parks, playgrounds, and walking paths that make Forest Ridge Chanhassen MN ideal for active lifestyles.
Shopping, dining, and entertainment in downtown Chanhassen are minutes away, with the Minnesota Landscape Arboretum just a short drive. Seasonal events and community gatherings foster a welcoming vibe for newcomers and longtime homeowners alike.

Schools and Commute

Families value access to well-regarded schools in Eastern Carver County Schools (District 112), with multiple options serving the area. Commuters benefit from quick connections to Highway 5 and US?212, offering efficient routes to nearby employment hubs and Minneapolis.

Real Estate Snapshot

Housing in Forest Ridge features attractive single-family homes with varied architectural styles, thoughtful layouts, and appealing curb appeal. If you?re exploring homes for sale in Forest Ridge or researching Chanhassen real estate, this neighborhood delivers a strong mix of livability, location, and long-term value.



FAQ – Home Values in Forest Ridge Chanhassen

What is the median home value in Forest Ridge Chanhassen in 2026?

In 2026, the typical home value in Forest Ridge Chanhassen is about $535,642 for an average home size of 2387 square feet. This corresponds to an average price of roughly $211 per square foot.

What is the average cost per square foot in Forest Ridge Chanhassen?

In 2026, homes in Forest Ridge Chanhassen sell for an average of around $211 per square foot, with a typical range between $200.45 and $221.55 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Forest Ridge?

The average home size in Forest Ridge Chanhassen is about 2387 square feet, with an estimated 2026 value around $535,642.



Neighborhoods close to Forest Ridge Chanhassen, MN

Downtown Excelsior Excelsior, MN295 $ / ft²
Lyndale Minneapolis, MN230 $ / ft²
Taconite Harbor Schroeder, MN168 $ / ft²
Carver Bluffs Carver, MN181 $ / ft²
East Side Northfield, MN126 $ / ft²




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