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Minnetonka Real Estate Overview

Today, November 27, 2009

Market View for Minnetonka

Info
Avg. Listing Price $493,596 Wk ending Nov 18
-$7,296
-1.5%
w-o-w
Median Sales Price $247,000 Aug '09 - Oct '09
+$6,500
+2.7%
y-o-y
305Homes For Sale 5Open Homes
397Recently Sold 114Foreclosures

Market Trends for Minnetonka

Embed Info
Listing price – Minnetonka
Average Listing Price
$493,596
-1.5%
w-o-w
Median Sales Price
$247,000
+2.7%
y-o-y
Average price/sqft
$186
+0%
y-o-y
Number of Sales
192
+23.1%
y-o-y
More Minnetonka Market Trends
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Home Prices for Hennepin County

Info
google map tile
Most popular
zip codes
Avg. listing price
Week ending Nov 18
 
w-o-w

55410
$460,619
+1.3%
55347
$560,515
+1.6%
55391
$1,389,553
-0.1%
55416
$409,654
+1.3%
55419
$416,626
+1.3%
 
Movers & Shakers
Avg. listing price
Week ending Nov 18
 
w-o-w

55368
$212,058
+8.9%
55102
$351,038
+6.3%
55555
$2,028,700
+6.0%
55409
$282,920
+5.6%
55444
$174,164
-4.9%
 
View Hennepin County Home Prices Map
 

Minnetonka Summary

Average price per square foot for Minnetonka MN was $186, an increase of 0% compared to the same period last year. The median sales price for homes in Minnetonka MN for Aug 09 to Oct 09 was $247,000 based on 192 home sales. Compared to the same period one year ago, the median home sales price increased 2.7%, or $6,500, and the number of home sales increased 23.1%.

There are currently 305 resale and new homes in Minnetonka on Trulia, including 5 open houses, as well as 114 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Minnetonka MN was $493,596 for the week ending Nov 18, which represents a decrease of 1.5%, or $7,296, compared to the prior week.

 

Schools in Minnetonka

Info
DISTRICT
TYPE
GRADES
SCHOOLS
STUDENTS
Hopkins Independent School District 270
Public
K - 12
11
7,628
Minnetonka Isd 276
Public
K - 12
9
7,979
SCHOOL NAME
SCHOOL TYPE
GRADES
PARENT RATING
Clear Springs Elementary School
Public
K - 5
Groveland Elementary School
Public
K - 5
Hopkins North Junior High School
Public
7 - 9
Please consult with the school district or a local real estate pro to confirm your eligibility to enroll with a particular district or school.
View all Minnetonka Schools
 

Community Info for Minnetonka

Info
More Minnetonka Community Info

Homes for Sale in Minnetonka

14036 Royal Court, Minnetonka MN
14036 Royal…
$274,900
4 br  1 ba
13901 Knollway Drive South, Minnetonka MN
13901 Knol…
$229,000
4 br  1 ba
5404 Kimberly Road, Minnetonka MN
5404 Kimbe…
$299,900
4 br  1 ½ ba
5645 Green Circle Drive #106, Minnetonka MN
5645 Green…
$129,900
2 br  2 ba
17310 Creek Ridge Pass, Minnetonka MN
17310 Creek…
$369,000
4 br  3 ½ ba
11440 Minnetonka Mills Road, Minnetonka MN
11440 Minn…
$155,000
2 br  1 ½ ba
View all Minnetonka Homes for Sale
 
Stats & Trends
Minnetonka

Real Estate Overview

Market Trends

Schools

Home Prices Map

Community Info

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  • 55305
  • 55343
  • 55345
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Nearby Cities

Cities
Median
sales price
Average
listing price
Hopkins
$184,750
$280,312
Eden Prairie
$268,500
$476,097
Medicine Lake
$666,000
$682,333
Plymouth
$255,750
$373,742
New Hope
$167,500
$188,174
Golden Valley
$225,000
$388,485
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Advice

Recent Q&A in Minnetonka, MN

Q: If I pay cash for a home, will there still be closing costs? If so how do I calculate what those might be? 6 answers
Q: If a bank gives you a counter offer, can you counter offer back at them? Or is that the banks lowest offer? 9 answers
Q: When does a bank stop accepting offers on a house they own? 4 answers
Q: Would you recommend a real estate agent who will help me buy a starter home in Minnetonka area. Thanks 5 answers
Q: Is there a market in Minnetonka right now for homes around $350K? 2 answers

Got a real estate question? 

More Advice:
  • Recent Q&A in Minnetonka, MN
  • Recent blog posts in Minnetonka, MN
  • Find a real estate professional Minnetonka, MN

Nearby Cities Real Estate

  • Hopkins Real Estate
  • Eden Prairie Real Estate
  • Medicine Lake Real Estate
  • Plymouth Real Estate
  • New Hope Real Estate
  • Golden Valley Real Estate

Nearby Cities Sold Homes

  • Hopkins Sold Homes
  • Eden Prairie Sold Homes
  • Medicine Lake Sold Homes
  • Plymouth Sold Homes
  • New Hope Sold Homes
  • Golden Valley Sold Homes

Nearby Cities Home Prices

  • Hopkins Home Prices
  • Eden Prairie Home Prices
  • Medicine Lake Home Prices
  • Plymouth Home Prices
  • New Hope Home Prices
  • Golden Valley Home Prices

Minnetonka Stats & Trends

  • Minnetonka Market Trends
  • Minnetonka Schools
  • Minnetonka Community Info
  • Minnetonka Home Prices
  • Minnetonka Real Estate
  • Minnetonka Recently Sold Homes

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Minnetonka real estate—use Trulia to find real estate in Minnetonka as well real estate in other cities in Minnesota. Trulia provides comprehensive real estate guides with up-to-date information about housing prices, latest Minnetonka real estate trends, market activity, and neighborhood information. Before buying a house in Minnetonka, research real estate on Trulia. Understanding the Minnetonka real estate market is your first step to buying a home in Minnetonka, Minnesota. Our real estate guide gives your a valuable overview of the Minnetonka real estate market—find Minnetonka properties, sales statistics, real estate price trends, real estate market activity, comparisons of Minnetonka schools or Minnesota schools, and general demographic information for Minnetonka, MN. Trulia's real estate guide combines a Minnetonka map with a detailed list of Minnetonka neighborhoods, ZIP codes, and nearby cities to help kick-start your search for a home in Minnetonka.
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.
Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources. The Median Sales Price is the price at which one-half of the homes sold for more than that amount and one-half of the homes sold for less than that amount.
Homes for Sale includes resale and new homes on Trulia.
Recently Sold is a count of all known arms-length residential sales in the last 9 months according to public records.
Open Homes refers to listings on Trulia with scheduled open house times.
Foreclosures includes properties in the pre-foreclosure, auction, and bank-owned stages of the foreclosure process.
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.
Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources. The Median Sales Price is the price at which one-half of the homes sold for more than that amount and one-half of the homes sold for less than that amount.
Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. All sales figures are compared to the same period one year prior.
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About this Info
Most Popular Neighborhoods are calculated each week based on search behavior on the Trulia website.
Movers 'n Shakers are selected based on the week-over-week percentage change in Average Listing Price.
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Parent Reviews
These reviews include feedback from parents, students, former students, administrators and other staff. This feedback may help you further evaluate and compare schools, along with other information such as test scores, academic programs, school resources, classroom and teacher ratios, etc. The reviews are provided by GreatSchools.

Ask a question about this school on Trulia Voices to learn more about this school or district from residents and other local experts.

  
   
About this Info
Crime statistics for 2006 (most recent year available) are reported by the Federal Bureau of Investigation in the Uniform Crime Report.
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