In September 2021, there were 24 homes sold, with a median sale price of $570,500 - a 44.4% increase over the $394,950 median sale price for the same period of the previous year. There were 38 homes sold in Minnetonka in September 2020.
The median sales tax in Minnetonka for the most recent year with available data, 2019, was $4,782, approximately 0.8% of the median home sale price for September 2021.
The following table compares Minnetonka to other Hennepin County cities with similar median sale prices in September 2021:
| City | Sept. 2021 Home Sales | Sept. 2020 Home Sales | % change (Total Home Sales) | Sept. 2021 Median Sales Price | Sept. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Medina | 4 | 10 | -60% | $872,500 | $618,125 | 41.2% |
| Corcoran | 6 | 2 | 200% | $696,750 | $350,750 | 98.6% |
| Greenfield | 6 | 1 | 500% | $612,500 | $837,000 | -26.8% |
| Edina | 28 | 48 | -41.7% | $592,500 | $697,500 | -15.1% |
| Minnetrista | 6 | 17 | -64.7% | $572,834.50 | $579,000 | -1.1% |
| Minnetonka | 24 | 38 | -36.8% | $570,500 | $394,950 | 44.4% |
| Minnetonka Beach | 1 | 0 | - | $550,000 | $0 | - |
| Wayzata | 1 | 5 | -80% | $545,000 | $475,000 | 14.7% |
| Shorewood | 2 | 6 | -66.7% | $540,750 | $480,000 | 12.7% |
| Deephaven | 4 | 6 | -33.3% | $530,250 | $473,000 | 12.1% |
| Eden Prairie | 25 | 52 | -51.9% | $451,500 | $416,250.05 | 8.5% |
Alerts Sign-up