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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 Price Trends

Median Sale Price
$565,000
Median Single Family Sale Price
$575,000
Median Townhouse Sale Price
$360,000
Median 2 Bedroom Sale Price
$325,000
Median 1 Bedroom Sale Price
$371,200
Average Price Per Sq Ft
$252
Number of Homes for Sale
42
Last 12 months Home Sales
207
Months of Supply
2.40
Median List Price
$550,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
6%
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