Dave Lilja's Localized Market Report
Carver County, MN
Single-Family Homes
Think Minnesota Realty | 612-810-8779 | dog28@me.com
Carver County, MN
Sat May 09 2026
This week the median list price for Carver County, MN is $540,000 with the market action index hovering around 41. This is an increase over last month's market action index of 38. Inventory has increased to 229.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
Market Narrative
The market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable.
Real-Time Market Profile
| Median List Price | $540,000 | |
| Median Price of New Listings | $482,250 | |
| Per Square Foot | $222 | |
| Average Days on Market | 159 | |
| Median Days on Market | 35 | |
| Price Decreased | 24% | |
| Price Increased | 2% | |
| Relisted | 15% | |
| Inventory | 229 | |
| Median Rent | ||
| Market Action | 41 | |
| Slight Seller's Advantage | ||
Again this week we see a downward notch for prices. Prices continue to pull back from the market’s highs. The Market Action Index is a good leading indicator for the durability of this trend.
Market Segments
Each segment below represents approximately 25% of the market ordered by price.
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $1,024,900 | 3,747 | 0.25 - 0.5 acre | 5 | 3.5 | 4 | 7 | 8 | 56 |
| $620,525 | 2,776 | 0.25 - 0.5 acre | 4 | 3 | 1 | 12 | 9 | 35 |
| $479,500 | 2,309 | 0.25 - 0.5 acre | 4 | 2.5 | 1 | 9 | 6 | 84 |
| $379,000 | 1,580 | 6,500 - 8,000 sqft | 3 | 2 | 23 | 16 | 8 | 14 |