Home Values

Tonka Bay Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$608,000

  • 6.2% 1-year change
  • 2.7% 1-year forecast

The median home value in Tonka Bay is $608,000. Tonka Bay home values have gone up 6.2% over the past year and Zillow predicts they will rise 2.7% within the next year.

Foreclosures will be a factor impacting home values in the next several years. In Tonka Bay 21.0 homes are foreclosed (per 10,000). This is greater than the Minneapolis-St Paul Metro value of 3.3 and also greater than the national value of 3.5

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Relative ZHVI
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Tonka Bay Market Overview

Data through May 31, 2015
  • $608,000 ZHVI
  • 2.7% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (May 31, 2016)
  • No data Median listing price
  • No data Median sale price
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Tonka Bay Market Health

Data through May 31, 2015
  • No recent data
  • No data Average days on Zillow
  • No data Homes with negative equity (15.4% US Avg)
  • No data Delinquent on mortgage (6.0% US Avg)

Homes foreclosed (per 10,000)

21 homes(Mar 31, 2015) Tonka Bay
3.3 homes Minneapolis-St Paul Metro
3.5 homes United States
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Nearby Cities

Name Median ZHVI
Orono $607,600
Deephaven $504,500
Shorewood $421,300
Name Median ZHVI
Excelsior $329,600
Victoria $318,100
Chanhassen $283,400
Name Median ZHVI
Spring Park $272,700
Long Lake $247,600
Mound $192,800

Listings & Sales

  • No data
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Tonka Bay Rentals

Data through May 31, 2015
  • Zillow Rent Index

  • $2,838 Tonka Bay
    $1,517 Minneapolis-St Paul Metro
    $1,367 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 5.1 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • No data Rent list price
  • No data Rent list price / sq ft
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