Minnetonka Housing Information - Census

IndexMinnetonkaMinnesotaNational
Median home price$301,400$191,500$184,700
Median rent asked$1,216$873$949
Avg. people per household2.22.42.6
Owner occupied households69.6%71.4%63.6%
Renter occupied households30.4%28.6%36.4%

Minnetonka Housing Information - Zillow

IndexMinnetonkaMinnesotaNational
Zillow home value index$340,390$225,210$213,146
Year over year appreciation rate7.96%8.17%8.00%
5 year average appreciation rate5.97%7.16%6.57%
10 year average appreciation rate2.06%1.78%1.33%

Did you know?

  • The median home price in Minnetonka is 63% higher than the national average.
  • The median rent asked in Minnetonka is 28% 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 9% higher than the national average.
  • The number of renter occupied households in Minnetonka is 17% 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, MN799$11,10094%
St. Anthony city (Stearns County), MN106$80,00057%
Brooklyn Center, MN30,785$140,00024%
Columbia Heights, MN19,689$155,30016%
Lexington, MN1,965$155,40016%
Minnetonka, MN51,651$301,40063%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Huntersville, NC51,701$259,20040%
Hoffman Estates, IL51,727$252,60037%
Commerce City, CO51,731$228,50024%
Casa Grande, AZ51,571$122,90033%
Brookhaven, GA51,567$385,600109%
Minnetonka, MN51,651$301,40063%
Source: The Minnetonka, MN housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS) and Zillow data.