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Minnetonka, MN real estate

Compare top Minnetonka real estate agents.

Agent Pronto analyzes transaction data, agent specialties, and client reviews to handpick the best agents in your area. Updated for September 2026.*


* Sales data is calculated based on transaction information available to Agent Pronto at the time of publishing and may not accurately reflect all transactions for a given agent.

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Minnetonka real estate Market Report.

Information and statistics on the latest trends in the Minnetonka real estate market. *

Latest Rolling 3-Month Snapshot

May 1, 2026 - Jul 31, 2026

Median sale price
$518K
-0.9% from Q2 '26
Median list price
$504K
+2.4% from Q2 '26
Active listings
474
+3.7% from Q2 '26
Homes sold
269
+7.2% from Q2 '26
New pendings
279
No change from Q2 '26
New listings
338
+4% from Q2 '26

Quarterly Pricing Trends for Minnetonka

Rolling three-month data ending on quarter boundaries when available.

Quarterly Pricing Trends for Minnetonka Q3 '21 Q3 '22 Q3 '23 Q3 '24 Q3 '25 Q2 '26 Median sale price in Jul 2021 - Sep 2021: $449K Median sale price in Oct 2021 - Dec 2021: $450K Median sale price in Jan 2022 - Mar 2022: $450K Median sale price in Apr 2022 - Jun 2022: $500K Median sale price in Jul 2022 - Sep 2022: $465K Median sale price in Oct 2022 - Dec 2022: $431K Median sale price in Jan 2023 - Mar 2023: $425K Median sale price in Apr 2023 - Jun 2023: $476K Median sale price in Jul 2023 - Sep 2023: $450K Median sale price in Oct 2023 - Dec 2023: $481K Median sale price in Jan 2024 - Mar 2024: $462K Median sale price in Apr 2024 - Jun 2024: $506K Median sale price in Jul 2024 - Sep 2024: $504K Median sale price in Oct 2024 - Dec 2024: $515K Median sale price in Jan 2025 - Mar 2025: $495K Median sale price in Apr 2025 - Jun 2025: $513K Median sale price in Jul 2025 - Sep 2025: $500K Median sale price in Oct 2025 - Dec 2025: $493K Median sale price in Jan 2026 - Mar 2026: $503K Median sale price in Apr 2026 - Jun 2026: $523K Median list price in Jul 2021 - Sep 2021: $443K Median list price in Oct 2021 - Dec 2021: $419K Median list price in Jan 2022 - Mar 2022: $485K Median list price in Apr 2022 - Jun 2022: $499K Median list price in Jul 2022 - Sep 2022: $450K Median list price in Oct 2022 - Dec 2022: $400K Median list price in Jan 2023 - Mar 2023: $525K Median list price in Apr 2023 - Jun 2023: $475K Median list price in Jul 2023 - Sep 2023: $499K Median list price in Oct 2023 - Dec 2023: $475K Median list price in Jan 2024 - Mar 2024: $525K Median list price in Apr 2024 - Jun 2024: $500K Median list price in Jul 2024 - Sep 2024: $472K Median list price in Oct 2024 - Dec 2024: $439K Median list price in Jan 2025 - Mar 2025: $528K Median list price in Apr 2025 - Jun 2025: $500K Median list price in Jul 2025 - Sep 2025: $500K Median list price in Oct 2025 - Dec 2025: $482K Median list price in Jan 2026 - Mar 2026: $547K Median list price in Apr 2026 - Jun 2026: $493K Jul 2021 - Sep 2021 Median sale price $449K Median list price $443K Oct 2021 - Dec 2021 Median sale price $450K Median list price $419K Jan 2022 - Mar 2022 Median sale price $450K Median list price $485K Apr 2022 - Jun 2022 Median sale price $500K Median list price $499K Jul 2022 - Sep 2022 Median sale price $465K Median list price $450K Oct 2022 - Dec 2022 Median sale price $431K Median list price $400K Jan 2023 - Mar 2023 Median sale price $425K Median list price $525K Apr 2023 - Jun 2023 Median sale price $476K Median list price $475K Jul 2023 - Sep 2023 Median sale price $450K Median list price $499K Oct 2023 - Dec 2023 Median sale price $481K Median list price $475K Jan 2024 - Mar 2024 Median sale price $462K Median list price $525K Apr 2024 - Jun 2024 Median sale price $506K Median list price $500K Jul 2024 - Sep 2024 Median sale price $504K Median list price $472K Oct 2024 - Dec 2024 Median sale price $515K Median list price $439K Jan 2025 - Mar 2025 Median sale price $495K Median list price $528K Apr 2025 - Jun 2025 Median sale price $513K Median list price $500K Jul 2025 - Sep 2025 Median sale price $500K Median list price $500K Oct 2025 - Dec 2025 Median sale price $493K Median list price $482K Jan 2026 - Mar 2026 Median sale price $503K Median list price $547K Apr 2026 - Jun 2026 Median sale price $523K Median list price $493K
Median sale price
Median list price
* Data provided by Redfin, a national real estate brokerage.
17
Seller’s Market
Seller’s Market
Buyer’s Market
0
25
50
75
100

Market gauge is calculated using active listings and pending sales from the most recently available reporting period (May 2026 - Jul 2026).

Minnetonka’s rolling three-month numbers show more homes coming on the market and more deals getting done. Active listings are up about 9 percent year over year, while new listings have climbed more than 12 percent. Closings have inched higher too, with homes sold up roughly 2 percent from a year ago.

Despite this added inventory, supply is still relatively lean and sellers hold the edge. Months of supply sits around 2.2, up more than 20 percent from last year but still below a balanced level. Buyers are moving more slowly than they did a year ago, with the median days on market jumping to 19 days over the rolling period, more than double last year’s pace.

Prices are adjusting rather than surging. The typical home value over the latest rolling three months is up about 3 percent year over year, while the median list price is slightly lower than a year ago, suggesting some pricing restraint from sellers. About 37 percent of homes are still selling above list, and the average sale-to-list ratio is just over 100 percent, so well-priced homes can still attract strong offers. With these mixed signals of rising inventory, slower timelines, and firm but not overheated pricing, both buyers and sellers can benefit from an Agent Pronto-recommended agent who understands Minnetonka’s trends and can guide their next move.



Learn more about what Minnetonka has to offer.

Minnetonka offers residents a welcoming, well-rounded lifestyle with abundant outdoor spaces, lakeside recreation, excellent schools, and a strong sense of community.

Minnetonka immediately stands apart from nearby communities like Minneapolis and St. Louis Park by pairing wooded lake country with everyday convenience. Many residents live just minutes from downtown jobs yet spend evenings on the water or walking forested trails that feel far removed from the city.

Life here often centers on outdoor access. Residents enjoy boating and paddling on Lake Minnetonka, hiking at Lone Lake Park, and exploring the extensive Minnetonka trail system. Neighborhoods range from established cul‑de‑sacs near Ridgedale Center to quiet streets tucked near schools and pocket parks, giving buyers options from townhomes to larger lots with mature trees.

Community amenities support a strong day to day rhythm. Families value the acclaimed Minnetonka Public Schools, while local gathering spots like Minnetonka Community Center and Ridgedale Library anchor events, classes, and meetups. Dining and coffee options along major corridors make it easy to stay local on weeknights.

Because Minnetonka homes are in steady demand, both timing and preparation matter. Buyers benefit from understanding neighborhood nuances and acting quickly when the right property appears. Sellers who price strategically and present their homes well are more likely to capture strong offers. Agent Pronto connects both buyers and sellers with a knowledgeable local agent who can help them navigate the Minnetonka market with confidence.

Find your Minnetonka real estate agent today →


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See why so many people rely on Agent Pronto to make their real estate journey a success.

“Stevie was so incredibly patient and helpful in our home search and beyond. Couldn't recommend her enough.”

Abigail · South Saint Paul, MN

Photo of Stephanie Wimber
RE/MAX Advantage Plus
“I purchased my first home with the help of Heather Warner. From a quick google search of realators specializing in first time homebuyers I found the Barker Hedges team which led me to Heather. Leaning heavily on her experience I had unwavering faith in her to provide valuable consultation in all aspects of the house buying process. Strongly reccomend Heather to any homebuyers. She simplified the process for me tremedously and will was extremely honest in the house touring process. She will be a strong voice for you communicating at a very high level.”

Nate · Blaine, MN

Photo of Heather Warner
RE/MAX REMAX Results
“The team was efficient, thoughtful, disciplined and committed. The access to immediate contractor support was also helpful.”

Peter & Wendy Gay · Eagan, MN

Photo of Deanna Brumbaugh
RE/MAX Advantage Plus
“I had an exceptional experience working with my real estate agent in selling my house in Plymouth, Minnesota. He provided invaluable advice on repairs, staging, and pricing, ensuring that every aspect of the sale was optimized. He even took the time to show me comparable properties, helping me determine the best listing price. Thanks to his expertise and dedication, I’m taking the time to leave reviews on multiple websites. I couldn’t have asked for a better realtor.”

Josh · Plymouth, MN

Photo of Minnesota Property Group
RE/MAX Results
“Shari was wonderful to work with. We have known each other for years but never worked together in this capacity. It is very obvious how much she loves her job! She was knowledgable and took my needs into consideation throughout the whole process. It was wonderful to work with her!”

Michele Berndt · Albertville, MN

Photo of Shari McGuire
Pemberton RE
“Amy was very helpful and knowledgeable. Everything went well.”

Barbara S. · Minneapolis, MN

Photo of Amy Westerlund
Keller Williams Premier Realty
“I was pleasantly surprised when I only had 1 phone call from realtors. My realtor (Jeremy) was amazing. I believe his commitment is what sold the house. He was very fluent in keeping in touch and letting me know what was happening.”

Tammey A. · Coon Rapids, MN

Photo of Jeremy Ellingson
RE/MAX Advantage Plus
“My family enjoyed working with Polina! She was friendly and always kept things real! She was more then just an agent!! Polina, was always easy to communicate with and promptly answered any questions or concerns!”

Heather · Inver Grove Heights, MN

Photo of The Kilpela Group
National Realty Guild
“This service was fast and easy to use. I ended up using the first realtor that came up, and she turned out to be just fabulous.”

Gregg D. · West Saint Paul, MN

Photo of Misty May & Team
Coldwell Banker Realty
“Working with Chad was a joy. He was very open to what my selling process would be like. I would definitely use Chad again for any home buying/selling needs.”

Fred L. · Hastings, MN

Photo of Chad Baker
RE/MAX Advantage Plus
“Collin really took the time to make sure we understood everything about the process of buying our home. He was patient with us and never pressured us into settling.”

Jade Erickson · St. Paul, MN

Photo of Collin Vold
EXP Realty MN

Frequently Asked Questions

There are more than 2 million real estate agents across the U.S., and you want to be sure the one you partner with is an experienced and trustworthy professional with strong local expertise covering the housing market in and around Minnetonka. Working with a proven agent will help you sell your home faster and for more money, and help you find your dream home at the best possible price.


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