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Minnetonka

Why you'd want to live in Minnetonka

editorial Minnetonka is a suburb of Minneapolis with a population of 53,025. Minnetonka is in Hennepin County and is one of the best places to live in Minnesota. Living in Minnetonka offers residents an urban suburban mix feel and most residents own their homes. In Minnetonka there are a lot of coffee shops and parks. Many young professionals and retirees live in Minnetonka and residents tend to lean conservative. The public schools in Minnetonka are highly rated.

Minnetonka Market Report

$596,081

AVERAGE PRICE OF 285 HOMES

$479,900

AVERAGE PRICE OF 3 DISTRESSED HOMES

$1,445,983

AVERAGE PRICE OF 30 MULTI-MILLION DOLLAR HOMES

$1,093,784

AVERAGE PRICE OF 26 NEWLY BUILT HOMES

$346,421

AVERAGE PRICE OF 41 HOMES WITH A POOL

$578,872

AVERAGE PRICE OF 11 REDUCED PRICE HOMES

Average Home

Average Price $596,081
Avg Bedrooms 3.2 beds
Avg Bathrooms 2.78 baths

Average Price by Bedrooms

1 bedroom $202,942
2 bedrooms $323,901
3 bedrooms $512,516
4 bedrooms $709,334
5 bedrooms $956,266
Minnetonka Home Price Trends
  6/2021 5/2021 4/2021 3/2021 2/2021
Total Listings 284 213 188 160 n/a
Average Price $581,121 $590,183 $598,105 $594,500 n/a
Avg Price Change -1.56% -1.34% +0.61% n/a n/a
Median Price $480,093 $466,352 $481,863 $451,610 n/a
Med Price Change +2.95% -3.33% +6.70% n/a n/a
Avg Bedrooms 3.18 beds 3.25 beds 3.29 beds 3.21 beds n/a
Avg Bathrooms 2.75 baths 2.91 baths 2.87 baths 2.79 baths n/a
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 285 $596,081 47 days
Distressed Homes 3 $479,900 132 days
Multi-Million Dollar Homes 30 $1,445,983 67 days
Newly Built Homes 26 $1,093,784 107 days
Homes with a Pool 41 $346,421 32 days
Reduced Price Homes 11 $578,872 45 days
RE/MAX Results | Nevin Real Estate
Nevin Raghuveer
15650 36th Ave N, Suite 140
Plymouth, MN 55446
952-848-2569

The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Regional Multiple Listing Service of Minnesota, Inc. Real Estate listings held by brokerage firms other than Nevin Raghuveer - RE/MAX Results - Nevin Real Estate Team are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.” Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.” Copyright2021Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. Data last updated July 25, 2021
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