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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 July 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

Apr 1, 2026 - Jun 30, 2026

Median sale price
$522K
+3.9% from Q1 '26
Median list price
$494K
-8.4% from Q1 '26
Active listings
461
+46% from Q1 '26
Homes sold
257
+104% from Q1 '26
New pendings
276
+56% from Q1 '26
New listings
328
+55% from Q1 '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: $448K Median sale price in Oct 2021 - Dec 2021: $450K Median sale price in Jan 2022 - Mar 2022: $451K 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: $480K 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: $522K 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: $475K Median list price in Oct 2024 - Dec 2024: $439K Median list price in Jan 2025 - Mar 2025: $530K 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: $540K Median list price in Apr 2026 - Jun 2026: $494K Jul 2021 - Sep 2021 Median sale price $448K Median list price $443K Oct 2021 - Dec 2021 Median sale price $450K Median list price $419K Jan 2022 - Mar 2022 Median sale price $451K 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 $480K 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 $475K Oct 2024 - Dec 2024 Median sale price $515K Median list price $439K Jan 2025 - Mar 2025 Median sale price $495K Median list price $530K 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 $540K Apr 2026 - Jun 2026 Median sale price $522K Median list price $494K
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 (Apr 2026 - Jun 2026).

Minnetonka’s rolling three-month snapshot through June 2026 shows more homes changing hands and more options for shoppers. Homes sold are up about 4 percent year over year, while new listings have climbed nearly 7 percent. Active inventory has also increased roughly 6 percent from a year ago, giving buyers more to choose from even as the area still leans toward sellers with about 2.1 months of supply.

On the pricing side, typical home values are about 2 percent higher than a year ago, signaling steady, moderate appreciation. Median list prices are slightly lower than last year, suggesting sellers are pricing more carefully as supply edges up and buyers become more selective. This mix of rising values and softer asking prices points to a market where negotiation still matters.

Homes are not moving quite as quickly as they did a year ago, with median days on market up compared with last June, yet more than half of listings still go under contract within two weeks and over a third sell above list price. The average sale-to-list ratio sits just above 100 percent, indicating that many properties still achieve or slightly exceed asking. Whether you are trying to stand out as a buyer or maximize your position as a seller, Agent Pronto can connect you with a Minnetonka agent who understands these trends and can guide you through them.



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 →


Trusted by over 500,000 buyers and sellers.

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

“I was in immediate need of housing. Stephanie was recommended by a friend who had just worked with her on a home purchase. Stephanie met with me to detail my housing requirements. She found a home that exceeded my needs and met a couple of my dreams in just a couple of days. From our initial meeting to closing was less than three weeks. There is only one word to describe Stephanie; PHENOMATASTIC!”

Ed Jolly · Hastings, 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.”

PCG · Rochester, 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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