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Carver County Housing Market

Minnesota · 87 counties · Ranked #2959 in home value

Above National Avg

Housing at a Glance

Median Home Value

$426,900

vs national+$426,900 vs $281,900 national

Median Gross Rent

$1,444/mo

vs national+$1,444 vs $1,163 national

Effective Tax Rate

1.03%

vs national+1.03% vs 1.02% national

Median Household Income

$123,144

vs national+$123,144 vs $74,755 national

Affordability Ratio

3.5x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

26.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$4,380

Tax as % of Home Value

1.03%

Monthly Owner Cost

$1,993

Renter Income

$66,396

Frequently Asked Questions

What is the median home value in Carver County?
The median home value in Carver County is $426,900. This is above the national median of $281,900.
How much is rent in Carver County?
The median gross rent in Carver County is $1,444 per month.
What is the property tax rate in Carver County?
The effective property tax rate in Carver County is 1.03%. The median annual property tax bill is $4,380.
Is Carver County affordable?
With a home-value-to-income ratio of 3.5x, Carver County is moderately affordable compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.