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South Hennepin News

Friday, September 12, 2025

Rising home prices in Minnetonka in June 2021

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The median sale price of a home sold in June 2021 in Minnetonka rose by $68,217 while total sales decreased by 70.6%, according to BlockShopper.com.

In June 2021, there were 15 homes sold, with a median sale price of $483,217 - a 16.4% increase over the $415,000 median sale price for the same period of the previous year. There were 51 homes sold in Minnetonka in June 2020.

The median sales tax in Minnetonka for the most recent year with available data, 2019, was $4,782, approximately 1% of the median home sale price for June 2021.

The following table compares Minnetonka to other Hennepin County cities with similar median sale prices in June 2021:

CityJune 2021 Home SalesJune 2020 Home Sales% change (Total Home Sales)June 2021 Median Sales PriceJune 2020 Median Sales Price% change (Median Sales Price)
Edina2463-61.9%$695,000$635,0009.4%
Shorewood29-77.8%$592,500$635,000-6.7%
Wayzata15-80%$545,000$720,000-24.3%
Maple Plain10-$535,000$0-
Plymouth2776-64.5%$502,501$377,00033.3%
Minnetonka1551-70.6%$483,217$415,00016.4%
St. Anthony16-83.3%$465,200$428,5008.6%
Maple Grove3586-59.3%$427,000$367,50016.2%
Eden Prairie1348-72.9%$425,000$456,000-6.8%
St. Louis Park1553-71.7%$400,000$337,40018.6%
Hopkins710-30%$378,500$289,85030.6%

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