Minnetonka, MN Housing Market
$485,327
3.0% 1-yrThe average Minnetonka, MN home value is $485,327, up 3.0% over the past year, and homes go to pending in around 21 days. (Updated on )
What is the Zillow Home Values Index?
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
Minnetonka Key Takeaways
Typical Home Values: $485,327
1-Year Value Change: +3%
(Data through August 31, 2026)
Minnetonka Housing Market Overview
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Nearby Neighborhoods
- NameMedian ZHVI
- Shelard Park$177,210
- Kilmer$373,890
- Westdale$390,324
- Westwood Hills$634,794
- Cedar Manor$418,502
- Cobblecrest$427,050
- Drillane--
Zillow is more than a place to browse homes. It’s a place to connect with a local agent, explore financing solutions, schedule home tours, understand your buying and selling power, and more.
Minnetonka Rental Market Trends
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
Frequently Asked Questions
What are current home values in Minnetonka, MN?
The median home value in Minnetonka, MN is $485,327 as of August 2026. This represents a 0.2% increase compared to last month and a 3.0% increase year-over-year.
How have home values changed in Minnetonka, MN?
Home values in Minnetonka, MN have increased by 0.2% month-over-month and 3.0% year-over-year.
How do home values in Minnetonka, MN compare to Hennepin County, Minnesota, and the national average?
The median home value in Minnetonka, MN ($485,327) compares to: Hennepin County ($388,061), Minnesota ($350,752), and the U.S. national median ($368,697).
