Carver, Minnesota.
Typical home $501,296 (+2.1% in a year). Minneapolis-St. Paul-Bloomington, MN-WI metro.
to buy the typical home at today's mortgage rate — +$1,266 (+93%) since Jan 2020.
- 1 year
- Up $10,078 +2%
- $491,218$501,296 since Sep 2025
- 5 years
- Up $50,711 +11%
- $450,585$501,296 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Carver$2,631
- Minnesota$1,831
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 32 years.
Typical home values in Carver, MN rose 2.1% over the past year — faster than the nation's +1.2%.
Living in Carver, Carver County, Minnesota
Carver is a city of 5,829 people in Carver County. Half its households earn more than $147,697 a year and half less, against $125,946 across Carver County; 2% of its people live below the poverty line. 93% of its homes are lived in by their owners and 7% are rented. Unemployment in Carver County was 4.2% in August 2026, and the county had 0.5% fewer jobs in 2025 than the year before. The most residents work in schools and health care, then professional services.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Carver is a small city where nearly everyone owns the home they live in, and incomes run well above the county's. Residents are somewhat younger than in many towns, and most adults hold a four-year degree. Poverty is rare here.
Work. Many residents work in schools, hospitals and social care, with others in professional and business services, banking and insurance, or manufacturing. Across Carver County, the largest workplaces include Eastern Carver County Public School, Ridgeview Medical Center and Beckman Coulter in Chaska. Commutes are fairly long, and a good number of people work from home.
Things to do. The Minneapolis Institute of Art and the Walker Art Center, both museums, are a longer drive away. Lake Minnetonka is also a longer drive, and makes for a day on the water. Winters here are cold and snowy, with January the coldest month, while summers turn pleasantly warm.
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- 2,079households
- 65%of adults have a degree
- 2%below the poverty line
- 31 mintypical commute
- 24%work from home
What residents work in
Employed residents by industry, from the Census survey. Carver County had 40,641 jobs in 2025, 0.5% fewer than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 23° and lows near 4°; warmest in July, with highs near 83° and lows near 60°. About 52 inches of snow and 34 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Chaska 2NW weather station, 4 miles away (NOAA).
Largest workplaces in Carver County
- Eastern Carver County Public SchoolSchool district1,331FTE
- Ridgeview Medical CenterGeneral hospital1,114FTE
- Diagnostics : Beckman Coulter - ChaskaIn-vitro diagnostic substances manufacturing1,051
- IntegerMedical device manufacturing702
- IWCO ChanhassenCommercial printing669
- Entegris - ChaskaDrums, plastics, manufacturing650
- Emerson Automation Solutions - ChanhassenControllers for process variables manufacturing583
- Carver CountyGeneral public administration563
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 150 workplaces with 20 or more staff, 20,051 people in all across the county; Carver has two of its own. School districts come from the Common Core of Data (NCES, 2023–24) and hospitals from their Medicare cost reports (CMS, 2023); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Strong windVery high
- HailRelatively high
- TornadoesRelatively high
- Cold wavesRelatively high
- Heat wavesRelatively moderate
- Ice stormsRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Carver’s census tracts, against the rest of the country; all of them together, relatively moderate. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Carver County and the Minneapolis-St. Paul-Bloomington, MN-WI metro.
Carver home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Carver$501,296
- Minnesota$348,778
- United States$366,157
Levy by levy, and a check of one home’s own bill, the site covers Ohio’s property tax.
Sellers are cutting prices on about 1 in 3 Carver listings — the market is cooling.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Carver35.36%
- United States26.90%
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Carver40
New listings per month
Sellers arriving at the market.
- Carver10
Zip codes with a Carver address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Carver — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.