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Minnetonka Market Report

Search in the county of Hennepin, in the city of Minnetonka

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Report prepared by LakeMinnetonkaRealEstate.com
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Market at a glance

Over the last 12 months, homes sold for 100.6% of list price in 65 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $636K Sold · $628K
$710K$640K$570K$500K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 87 sales in Jun. Last month: 60.

Where the market stands

All homes in this report, by status.

874homes
Active171 · 20%
Under contract64 · 7%
Sold (12 mo)639 · 73%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

2.5months of inventory
Seller's, under 4BalancedBuyer's, over 6

Homes are selling quickly, which favors sellers in this market.

Average price by status

Active$698K
Under contract$752K
Sold$601K

Average days on market

Active71 days
Under contract85 days
Sold65 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 171
Average list price $698,026
Avg. days on market 71 days
Avg. price per ft² $263 Based on 152 of 171 homes
Avg. living area 2,478 ft² Based on 152 of 171 homes
Avg. beds / baths 3.2 / 2.7

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

19 homes didn’t report living area and aren’t shown.

3 homes are larger or pricier than this chart’s scale and aren’t shown.

$3M$2M$1M$0

Price vs. living area: 149 homes plotted, up to $3M and 9,000 ft².

0 ft²3,0006,0009,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

19 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes in this status.

11300 Park Ridge Drive W$735
17310 County Road 101 W$667
2213 Oakland Road$649
11800 Live Oak Drive$621
3021 Lake Shore Boulevard$617
1915 Oakland Road$587
12802 Woodhaven Place$557

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
12924 Inverness RoadMinnetonka, MN 55305 321,777$349,900$1961 day
12924 Inverness RoadMinnetonka, MN 55305 ———$349,900—1 day
4401 Hunters Ridge RoadMinnetonka, MN 55345 532,870$725,000$2521 day
11836 Pheasant LaneMinnetonka, MN 55305 322,080$400,000$1921 day
14319 Stewart Lane Unit 210Minnetonka, MN 55345 221,435$300,000$2092 days
13634 Stone RoadMinnetonka, MN 55305 533,950$799,900$2022 days
12311 Evas DriveMinnetonka, MN 55305 555,972$1,500,000$2513 days
10806 Oak Knoll Terrace SMinnetonka, MN 55305 432,306$425,000$1846 days
5710 Eden Prairie RoadMinnetonka, MN 55345 442,832$599,900$2116 days
10301 Cedar Lake Road Unit 213Minnetonka, MN 55305 11812$117,900$1456 days
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Questions about this market?

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These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota. Real estate listings held by brokerage firms other this firm are marked with the Broker Reciprocity logo. Information Deemed Reliable But Not Guaranteed. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

Listing data © 2026 Regional Multiple Listing Service of Minnesota. All rights reserved. By searching, you agree to the EULA.