In June 2020, there were 35 homes sold, with a median sale price of $399,500 - a 7.9% increase over the $370,250 median sale price for the same period of the previous year. There were 102 homes sold in Minnetonka in June 2019.
The median sales tax in Minnetonka for the most recent year with available data, 2019, was $4,782, approximately 1.2% of the median home sale price for June 2020.
The following table compares Minnetonka to other Hennepin County cities with similar median sales prices in June 2020:
City | June 2020 Home Sales | June 2019 Home Sales | % change (Total Home Sales) | June 2020 Median Sales Price | June 2019 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Corcoran | 4 | 13 | -69.2% | $440,000 | $415,000 | 6% |
Eden Prairie | 24 | 122 | -80.3% | $438,500 | $432,500 | 1.4% |
Orono | 7 | 21 | -66.7% | $437,500 | $535,000 | -18.2% |
Long Lake | 1 | 2 | -50% | $435,000 | $342,450 | 27% |
St. Anthony | 3 | 9 | -66.7% | $419,000 | $425,000 | -1.4% |
Minnetonka | 35 | 102 | -65.7% | $399,500 | $370,250 | 7.9% |
Rogers | 7 | 17 | -58.8% | $395,000 | $320,000 | 23.4% |
Maple Grove | 60 | 149 | -59.7% | $383,750 | $329,900 | 16.3% |
Dayton | 2 | 7 | -71.4% | $355,450 | $271,556.70 | 30.9% |
Plymouth | 45 | 131 | -65.6% | $352,000 | $374,000 | -5.9% |
St. Louis Park | 29 | 86 | -66.3% | $349,000 | $346,000 | 0.9% |