How much is a home worth in ZIP code 55317?

The typical home in 55317 is worth $533,711, based on the Zillow Home Value Index.

Are home values rising in 55317?

Home values in 55317 are up 1.3% over the past year, and up 3.4% a year over five years.

What is the typical rent in 55317?

A typical home in 55317 rents for about $2,134 a month, a gross rental yield of 4.8%.

What is the property tax rate in 55317?

The effective property tax rate in 55317 is 1.0% — roughly $5,266 a year on a typical home.

ZIP code 55317 has a population of 22,299 and a median household income of $140,385.

HousingHandbookReference data

…

U.S. ZIP Code · MN55317

Carver County · Minneapolis-St. Paul-Bloomington, MN-WI

Typical home value

$533,711^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +1.3%
5-year / yr: +3.4%
10-year / yr: +4.4%

Relative price

vs U.S.: +87.9%
vs metro: +39.7%
vs state: +79.3%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 55317 is worth $533,711 — 39.7% above the Minneapolis-St. Paul-Bloomington, MN-WI median. Over the past year, values have risen 1.3%. Homes here rent for a typical $2,134 a month — a 4.8% gross rental yield. The effective property tax rate is 1.0%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $2,134^[2]
Gross yield: 4.8%^[2]
Cap rate: 2.9%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 1.0%^[3]
Typical annual tax: $5,266^[3]

#Climate risk

FEMA National Risk Index ratings for Carver County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively Low^[4]
Riverine flood: Relatively Low
Coastal flood: Not Applicable
Wildfire: Very Low
Drought: Relatively Low
Heat wave: Relatively Low
Hurricane: Not Applicable
Tornado: Relatively Moderate
Earthquake: Very Low
Winter weather: Relatively Low

#Who lives here

Population: 22,299^[3]
Median household income: $140,385^[3]

#Migration

Household moves in and out of Carver County over a year, from IRS tax-return data.

Net migration: +77^[5]
Moved in: 3,551
Moved out: 3,474

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 5
Elementary: 2
Middle: 0
High: 2

CHANHASSEN HIGH SCHOOL
High · Grades 9–12 · EASTERN CARVER COUNTY PUBLIC SCHOOL
1,383 students
BLUFF CREEK ELEMENTARY
Elementary · Grades K–5 · EASTERN CARVER COUNTY PUBLIC SCHOOL
479 students
CHANHASSEN ELEMENTARY
Elementary · Grades K–5 · EASTERN CARVER COUNTY PUBLIC SCHOOL
431 students
SWMetro Annica Program
High · Grades 5–12 · Southwest Metro Intermediate 288
13 students
The Anicca Program
Other · Grades K–12 · EASTERN CARVER COUNTY PUBLIC SCHOOL
5 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield4.8%

Net yield (after ~40% expenses)2.9%

Annual rent$25,608

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$2,699

Loan principal$426,969

Down payment$106,742

Total interest paid$544,575

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio1.68

Monthly cost to own$3,584

Monthly rent$2,134

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 50th percentile^[1]
Rental yield: 27th percentile^[2]
Property tax: 40th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 55317?: The typical home in 55317 is worth $533,711, based on the Zillow Home Value Index.
Are home values rising in 55317?: Home values in 55317 are up 1.3% over the past year, and up 3.4% a year over five years.
What is the typical rent in 55317?: A typical home in 55317 rents for about $2,134 a month, a gross rental yield of 4.8%.
What is the property tax rate in 55317?: The effective property tax rate in 55317 is 1.0% — roughly $5,266 a year on a typical home.
Who lives in 55317?: ZIP code 55317 has a population of 22,299 and a median household income of $140,385.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

55364 vs 55317 →
Minnetrista, MN
Typical home
$534,904
Gross yield
4.1%
55357 vs 55317 →
Greenfield, MN
Typical home
$528,411
Gross yield
—
55073
Scandia, MN
Typical home
$540,354
Gross yield
—
55082
Grant, MN
Typical home
$526,901
Gross yield
4.6%
55345
Minnetonka, MN
Typical home
$541,300
Gross yield
3.8%
55129
Woodbury, MN
Typical home
$541,595
Gross yield
5.3%

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Pit ZIP 55317 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · MN55317

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