Home Value Trail

States › Minnesota › Carver County › Waconia

Permit-issuing place

Waconia

Carver County · Minneapolis-St. Paul-Bloomington, MN-WI · Minnesota · 14,113 residents (2025 est.)

Permits through August 2026Yearly permits since 1995Carver County index 1977–2025
FHFA house price index for Carver County, which contains Waconia, 1977 to 2025Recession 1980Recession 1981–82Recession 1990–91Recession 2001Recession 2007–09Recession 202002004006008001,00019801990200020102020United States2025: 733
Carver County (100 = first year)United States, rebased to the same startNBER recession
House prices are indexed by county, not by city: this is Carver County's FHFA index, with the national index rebased to the same start.

Census Bureau notes: building permit figures cover new privately owned housing units authorised by permit-issuing places; permits do not mean the units were started or completed, and places that report less often than monthly are imputed in monthly totals. FHFA notes: The FHFA HPI is a broad measure of the movement of single-family house prices. The FHFA HPI is a weighted, repeat-sales index, meaning that it measures average price changes in repeat sales or refinancings on the same properties.

Waconia, Minnesota (Carver County), authorised 172 housing units through building permits in the 12 months to August 2026, +47.0% on the previous 12 months.

117 of those units were single-family houses (68%), 17 were in two- to four-unit buildings and 38 in buildings of five or more units. That is 12.2 units per 1,000 residents, above the county's 8.2 and well above the state's 3.8.

Since 1995 the place has authorised 3,655 units, with the busiest year 2022 (225 units). Carver County's FHFA house price index rose +65.7% over the ten years to 2025.

172units permitted, 12 months to August 2026+47.0% on the previous 12 months
117single-family units68% of the total
38units in 5+ unit buildings22% of the total
12.2units per 1,000 residentsCarver County 8.2 · Minnesota 3.8

Permits by month and structure type

Housing units authorised in Waconia by month, latest 24 months0102030Sep 2024: 8 units (8 single-family, 0 in multi-unit buildings)Sep 2024Oct 2024: 14 units (10 single-family, 4 in multi-unit buildings)Nov 2024: 9 units (9 single-family, 0 in multi-unit buildings)Dec 2024: 9 units (9 single-family, 0 in multi-unit buildings)Dec 2024Jan 2025: 4 units (4 single-family, 0 in multi-unit buildings)Feb 2025: 12 units (12 single-family, 0 in multi-unit buildings)Mar 2025: 7 units (7 single-family, 0 in multi-unit buildings)Mar 2025Apr 2025: 11 units (11 single-family, 0 in multi-unit buildings)May 2025: 10 units (10 single-family, 0 in multi-unit buildings)Jun 2025: 9 units (9 single-family, 0 in multi-unit buildings)Jun 2025Jul 2025: 15 units (10 single-family, 5 in multi-unit buildings)Aug 2025: 9 units (9 single-family, 0 in multi-unit buildings)Sep 2025: 11 units (11 single-family, 0 in multi-unit buildings)Sep 2025Oct 2025: 13 units (9 single-family, 4 in multi-unit buildings)Nov 2025: 13 units (13 single-family, 0 in multi-unit buildings)Dec 2025: 8 units (6 single-family, 2 in multi-unit buildings)Dec 2025Jan 2026: 5 units (5 single-family, 0 in multi-unit buildings)Feb 2026: 12 units (7 single-family, 5 in multi-unit buildings)Mar 2026: 17 units (13 single-family, 4 in multi-unit buildings)Mar 2026Apr 2026: 10 units (10 single-family, 0 in multi-unit buildings)May 2026: 17 units (9 single-family, 8 in multi-unit buildings)Jun 2026: 27 units (10 single-family, 17 in multi-unit buildings)Jun 2026Jul 2026: 19 units (15 single-family, 4 in multi-unit buildings)Aug 2026: 20 units (9 single-family, 11 in multi-unit buildings)

Housing units authorised in Waconia by month, latest 24 monthssingle-family2+ unit buildings

Units, 12 months to August 2026WaconiaCarver CountyMinnesotaUnited States
All housing units17294122,1581,418,086
Single-family (1 unit)117 (68%)452 (48%)12,841 (58%)888,241 (63%)
2 units2431234,814
3–4 units151920117,298
5 or more units38 (22%)466 (50%)8,804 (40%)477,733 (34%)
Units per 1,000 residents12.28.23.84.1
Change on previous 12 months+47.0%+1.5%+2.8%−0.1%

Permits by year since 1995

Housing units authorised in Waconia by year, 1995–202501002003001995: 98 units (98 single-family, 0 in multi-unit buildings)19951996: 109 units (109 single-family, 0 in multi-unit buildings)1997: 175 units (157 single-family, 18 in multi-unit buildings)1998: 197 units (197 single-family, 0 in multi-unit buildings)1999: 190 units (186 single-family, 4 in multi-unit buildings)2000: 215 units (215 single-family, 0 in multi-unit buildings)20002001: 153 units (153 single-family, 0 in multi-unit buildings)2002: 179 units (179 single-family, 0 in multi-unit buildings)2003: 173 units (173 single-family, 0 in multi-unit buildings)2004: 166 units (166 single-family, 0 in multi-unit buildings)2005: 133 units (133 single-family, 0 in multi-unit buildings)20052006: 98 units (98 single-family, 0 in multi-unit buildings)2007: 125 units (125 single-family, 0 in multi-unit buildings)2008: 36 units (36 single-family, 0 in multi-unit buildings)2009: 51 units (51 single-family, 0 in multi-unit buildings)2010: 33 units (33 single-family, 0 in multi-unit buildings)20102011: 24 units (24 single-family, 0 in multi-unit buildings)2012: 87 units (87 single-family, 0 in multi-unit buildings)2013: 107 units (107 single-family, 0 in multi-unit buildings)2014: 84 units (84 single-family, 0 in multi-unit buildings)2015: 95 units (95 single-family, 0 in multi-unit buildings)20152016: 107 units (102 single-family, 5 in multi-unit buildings)2017: 66 units (66 single-family, 0 in multi-unit buildings)2018: 49 units (49 single-family, 0 in multi-unit buildings)2019: 20 units (20 single-family, 0 in multi-unit buildings)2020: 42 units (32 single-family, 10 in multi-unit buildings)20202021: 177 units (113 single-family, 64 in multi-unit buildings)2022: 225 units (144 single-family, 81 in multi-unit buildings)2023: 93 units (76 single-family, 17 in multi-unit buildings)2024: 125 units (103 single-family, 22 in multi-unit buildings)2025: 223 units (103 single-family, 120 in multi-unit buildings)2025

Housing units authorised in Waconia by year, 1995–2025single-family2+ unit buildings

3,655 units since 1995; the busiest year was 2022. Annual figures include units imputed for months a place did not report.

Home prices in Carver County

FHFA's index for Carver County rose +65.7% over the ten years to 2025 (+5.2% a year) and +3.8% in the latest year, against +71.4% and +2.8% for Minnesota. Full county page: decade table, peak-to-low declines, every ZIP code and every permit-issuing place in the county.

Questions and answers

How many homes are being built in Waconia, MN?

172 housing units were authorised by building permits in the 12 months to August 2026, against 117 in the previous 12 months.

What kind of housing is being permitted in Waconia?

117 single-family units, 2 in two-unit buildings, 15 in three- and four-unit buildings and 38 in buildings of five or more units.

How does Waconia compare with its county and state?

12.2 units per 1,000 residents in Waconia, 8.2 in Carver County and 3.8 in Minnesota.

How have home prices moved in Carver County?

FHFA's index for Carver County rose +65.7% over the ten years to 2025 and +3.8% in the latest year; the county page has the full series.

What does a permit count?

A housing unit authorised by a building permit for new privately owned residential construction, as reported to the Census Bureau Building Permits Survey by the permit-issuing office. Permits are not completions; some permitted units are never built, and places that report only annually are imputed in monthly figures.

Provenance

Permits: US Census Bureau, Building Permits Survey, place-level monthly and annual files through August 2026 (permit office 776500); county and state comparisons from the county and state files. Population: Census Bureau vintage 2025 estimates for incorporated places, matched on FIPS place code where the permit office is one. House price index: Federal Housing Finance Agency. Public domain. Corrections · Building Permits Survey.