Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Waconia area can be challenging. Home prices in Waconia are now at a median cost of $355,966, higher than the Minnesota average of $269,934.
The average cost of rent is $1,292/mo in Waconia, primarily driven by the current value of real estate in the Waconia area. While nearly 22.05% of residents own their homes outright in Waconia, 15.57% rent.
Housing affordability isn’t just about home prices, though. The average household income in Waconia is $9,196 per month. Households that rent pay about 14.05% of their income on rent here. Waconia's most expensive areas are in the northern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Cologne, MN: less expensive homes
- St. Bonifacius, MN: equally priced homes
- Norwood, MN: less expensive homes
- Mayer, MN: less expensive homes
- Victoria, MN: higher priced homes
- Young America, MN: equally priced homes
- Minnetrista, MN: higher priced homes
- Norwood Young America, MN: less expensive homes
- Watertown, MN: less expensive homes
- Chaska, MN: less expensive homes
Cities with Similar Populations
- Suffern, NY: higher priced homes
- Dunmore, PA: less expensive homes
- Durham, NH: equally priced homes
- Eagle Point, OR: equally priced homes
- East Bridgewater, MA: higher priced homes
- Eaton Rapids, MI: less expensive homes
- Edgewater, MD: higher priced homes
- Edgewood, WA: higher priced homes
- Englewood, OH: less expensive homes
- St. Simons, GA: higher priced homes
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