Minnetonka Housing Information - Census

IndexMinnetonkaMinnesotaNational
Median home price$289,000$185,200$175,700
Median rent asked$1,130$835$920
Avg. people per household2.22.42.6
Owner occupied households72.2%72.1%64.4%
Renter occupied households27.8%27.9%35.6%

Minnetonka Housing Information - Zillow

IndexMinnetonkaMinnesotaNational
Zillow home value index$303,400$194,800$188,100
Year over year appreciation rate3.98%7.39%5.14%
5 year average appreciation rate5.03%4.96%4.12%
10 year average appreciation rate0.23%-0.72%-0.33%

Did you know?

  • The median home price in Minnetonka is 64% higher than the national average.
  • The median rent asked in Minnetonka is 23% higher than the national average.
  • The average number of people per household in Minnetonka is 17% lower than the national average.
  • The number of owner occupied households in Minnetonka is 12% higher than the national average.
  • The number of renter occupied households in Minnetonka is 22% lower than the national average.

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Compare Minnetonka, MN Housing To Other Cities

Vacancy vs occupancy levels

Vacancy status breakdown

Household statistics

Heating methods

Rent percent of household income

Inclusion of utilites in rent

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
Hilltop, MN828$9,99994%
Brooklyn Center, MN30,549$134,60023%
Lexington, MN2,019$154,20012%
Columbia Heights, MN19,605$155,20012%
Spring Lake Park, MN6,503$158,70010%
Minnetonka, MN50,897$289,00064%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Joplin, MO50,900$103,30041%
Charleston, WV50,911$142,80019%
Glendora, CA50,855$454,200159%
DeSoto, TX50,837$142,30019%
Harrisonburg, VA50,821$200,70014%
Minnetonka, MN50,897$289,00064%
Source: The Minnetonka, MN housing data displayed above is derived from the United States Census Bureau and Zillow data.