Minnetonka Market Trends


Median Sales Price in Minnetonka

 

1 yr 5 yr Max
Minnetonka median sales prices
Number of sold homes in Minnetonka
No. Bedrooms Feb - May '15 y-o-y 3 months prior 1 year prior 5 years prior
1 bedroom - - - - -
2 bedrooms $204,000 +10.1% $166,000 $185,250 $209,000
3 bedrooms $316,023 +0.3% $263,000 $315,000 $245,000
4 bedrooms $389,000 +22.5% $359,500 $317,500 $337,000
All properties $297,450 +6.2% $256,000 $280,000 $263,000
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Summary for Minnetonka


The median sales price for homes in Minnetonka MN for Feb 15 to May 15 was $297,450. This represents an increase of 16.2%, or $41,450, compared to the prior quarter and an increase of 6.2% compared to the prior year. Sales prices have appreciated 13.1% over the last 5 years in Minnetonka. The average listing price for Minnetonka homes for sale on Trulia was $458,628 for the week ending May 13, which represents an increase of 2.3%, or $10,329, compared to the prior week and an increase of 2.4%, or $10,710, compared to the week ending Apr 22. Average price per square foot for Minnetonka MN was $214, a decrease of 0.9% compared to the same period last year.

Average Listing Price in Minnetonka

 

Minnetonka average property price
Minnetonka – number of properties
No. Bedrooms Week ending
May 13
w-o-w Week ending
May 6
Week ending
Apr 29
Week ending
Apr 22
1 bedroom $225,473 -1.9% $229,800 $229,800 $244,689
2 bedrooms $265,019 -1.3% $268,610 $268,876 $282,615
3 bedrooms $445,958 +8.0% $413,082 $429,937 $419,940
4 bedrooms $570,666 +4.5% $546,239 $558,347 $569,088
All properties $458,628 +2.3% $448,299 $457,908 $447,918
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Average Price Per Sqft. for Homes in Minnetonka

 

1 yr 5 yr Max
Minnetonka average price per square foot
No. Bedrooms Feb - May '15 y-o-y 3 months prior 1 year prior 5 years prior
1 bedroom - - - - -
2 bedrooms $178 +1.7% $147 $175 $190
3 bedrooms $220 -2.2% $201 $225 $190
4 bedrooms $239 +3.5% $249 $231 $195
All properties $214 -0.9% $201 $216 $191
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Popular Zips in Minnetonka


Zips Week ending
May 13
w-o-w Week ending
May 6
Week ending
Apr 29
55345 1 1 1
55305 2 2 2
55343 3 3 3
Homes for Sale in Minnetonka
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