Minnetonka Real Estate

Why you should buy or sell in Minnetonka, MN?



Minnetonka is consistently ranked as one of the best places to live in Minnesota due to its strong economy, excellent schools, and natural beauty. The city offers a mix of suburban and rural living, with plenty of outdoor recreation opportunities, shopping, and dining.

The land that is now Minnetonka was once inhabited by the Dakota and Ojibwe people. The first European settlers arrived in the area in the mid-1800s, and the city was officially incorporated in 1956. The city has a rich history of milling and agriculture and was once home to several large mills and farms.

Minnetonka offers plenty of recreational opportunities, including parks, lakes, and trails. Some popular attractions include the Minnetonka Center for the Arts, the Ridgedale Center shopping mall, and the Burwell House, which is a historic home that is now open to the public for tours.

Minnetonka is known for its natural beauty, with numerous lakes, parks, and trails throughout the city. The city is also home to several large corporations, including Cargill, UnitedHealth Group, and Carlson Companies.

Minnetonka is served by the Minnetonka Public Schools district, which includes several highly rated schools. The district offers a variety of programs and services to meet the needs of its diverse student population.

The housing market in Minnetonka is strong, with a mix of single-family homes, townhomes, and apartments available. Prices vary depending on the location and size of the property, but overall, Minnetonka is considered an upscale suburb.

Minnetonka has several neighborhoods with a mix of residential and commercial areas:

Glen Lake: Located in the southern part of Minnetonka, Glen Lake is a mix of residential and commercial areas. It is home to several popular shopping destinations, including the Glen Lake Shopping Center and the Shoppes at Knollwood.

Hopkins Crossroad: This neighborhood is in the northeast part of Minnetonka and is home to several parks, including Lone Lake Park and Shady Oak Beach.

Ridgedale: The Ridgedale neighborhood is located in the northwest part of Minnetonka and is home to the Ridgedale Center shopping mall and several other commercial areas.

Groveland: Located in the western part of Minnetonka, the Groveland neighborhood is a mix of residential and commercial areas. It is home to several parks, including Big Willow Park and Groveland Park.

Minnehaha Woods: This neighborhood is in the southeast part of Minnetonka and is known for its natural beauty, with several lakes and parks nearby.

Woodland Hills: The Woodland Hills neighborhood is home to several parks, including Lone Lake Park and Cedar Knoll Park.

Woodland Hill Preserve - this gated community features large, luxury homes and wooded lots.

Please consult our realtors for up-to-date information and expert advice on the housing market, property values, the home buying process, real estate listings, and homes for sale in Minnetonka MN.

Your Minnetonka, MN Dream Home Is Waiting!

Purchasing a property in Minnetonka is one of the biggest financial investments you will ever make. It can be exciting, and also stressful. As skilled negotiators we will walk you through making the right offer and strategically navigating everything from inspection to closing. As your buyer’s agent, we will be your advocate every step of the way.

Minnetonka

Stay In The Know

Local market trends at a glance.

Starter Home Prices Are Soaring and Luxury Is in a Slump—What’s Going On? Knowing what is happening in the housing market will help you make calculated decisions. Get an up-to-date market report customized for Minnetonka and surrounding areas.

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Properties Highlight

Howard Gangestad Real Estate
Edina Realty, Inc.

Minnetonka - Town vs. County Stats

Avg Price in Minnetonka: $712,200 / County Avg $753,900

94%

Avg Taxes in Minnetonka: $11,300 / County Avg $8,400

135%

Avg Sq. Ft. in Minnetonka: 2,518 / County Avg 2,482

101%

Avg Price per/sqft in Minnetonka:$283 / County Avg $304

93%

Avg Year Built in Minnetonka: 1981 / County Avg 1973

100%

Avg Days on Website in Minnetonka: 51 / County Avg 66

77%

Minnetonka Real Estate Market Health

New Listings
Reductions
Foreclosures
Short Sales