Explore Minnetonka
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Why Live in Minnetonka
Minnetonka, Minnesota, is a Twin Cities suburb that's named after the expansive Lake Minnetonka. The city's diverse housing market includes single-family homes ranging from early-1900s farmhouses and mid-20th-century ranch-style homes to modern Craftsman and contemporary builds. Waterfront properties often include private docks and landscaped backyards. Townhouses, condos and apartments are less common. The lake is at the heart of the city’s recreation, but there is so much more available. Outdoor enthusiasts can explore over 100 miles of trails leading to parks, preserves and sandy beaches, such as Shady Oak Beach. Popular trails include the Minnesota River Bluffs and Lake Minnetonka LRT regional trails. Civic Center Park provides traditional amenities like playgrounds and an indoor ice rink. Dining options range from Al & Alma’s dinner cruises to Duke’s on 7’s dog-friendly patio. Locals shop at Ridgedale Center and at grocery stores like Trader Joe’s. Highway and transit access make it easy to commute the 15 miles to Minneapolis and 25 miles to St. Paul. Community events such as Summer Fest, Entertainment in the Park, and Burwell Spooktakular keep locals engaged throughout the year. Students can attend one of three highly rated districts: Minnetonka Public School District, Wayzata Public School District and Hopkins Public School District.
Home Prices in Minnetonka, MN
The median home sale price in Minnetonka, MN is $565,000, up 6% year-over-year. Homes in Minnetonka sell in 30 days on average, compared to the national average of 56 days.
Home Price Trends
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Median Sale Price
$565,000
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Median Single Family Sale Price
$575,000
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Median Townhouse Sale Price
$360,000
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Median 2 Bedroom Sale Price
$325,000
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Median 1 Bedroom Sale Price
$371,200
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Average Price Per Sq Ft
$252
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Number of Homes for Sale
42
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Last 12 months Home Sales
207
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Months of Supply
2.40
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Median List Price
$550,000
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Median Change From 1st List Price
0%
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Median Home Sale Price YoY Change
6%
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Popular Home Searches in Minnetonka, MN
Set just west of Minneapolis, Minnetonka offers lakeside living, modern homes, and scenic trails.
- Want something near the water? Search lakefront homes or properties with waterfront views near Lake Minnetonka.
- Looking for character? Explore mid-century modern homes or ranch-style homes on wooded lots.
- Need space and storage? Browse homes with basements or attached garages.
- Prefer quiet streets? Look for cul-de-sac homes or those on a corner lot in established neighborhoods.
- Interested in recent builds? Check out new construction developments on the city’s edge.