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Foreclosure Homes in Minnetonka, MN 55305

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Minnetonka, MN Foreclosures

Current Market Conditions in in Minnetonka, MN As of February 2026?
Over the past month, the Minnetonka real estate market has seen a slight uptick in activity, with an increase in both the number of homes sold and the overall sales price. Buyers appear to be responding positively to current interest rates, prompting a surge of new listings that are not staying on the market for long. Inventory levels remain low, but increasing activity indicates a healthy market dynamic as we head into the more active selling months.
How much do homes sell for in Minnetonka, MN?
The average home price is currently $628,929.
In Minnetonka, MN, how many homes are available?
There are currently 19 active home listings available in Minnetonka.
What’s the average rental cost in Minnetonka, MN?
The average rental price in Minnetonka is $2,209.
What is the most expensive home in Minnetonka?
The most expensive home sold in Minnetonka had a price of $110,123,792.
What is currently the cheapest priced home in Minnetonka, MN?
The cheapest home for sale in Minnetonka is priced at $17,176.

Living in Minnetonka, MN

Minnetonka, located in Hennepin County, is a vibrant suburb of Minneapolis known for its beautiful lakes and parks. The area boasts a blend of modern amenities and a sense of community, making it an ideal place for families and individuals alike. With excellent schools, diverse shopping options, and abundant recreational activities, Minnetonka provides a high quality of life for its residents.

Buyer vs Seller Market in Minnetonka, MN

The current real estate market in Minnetonka is showing signs of stability, with home prices gradually increasing as demand remains high. The demand for homes in the area is driven by its desirable location and the quality of life it offers, making it a sought-after place for buyers.

Recent data indicates that homes in Minnetonka are selling fairly quickly, with many listings attracting multiple offers. The competitive market has led to an increase in average sale prices, suggesting a strong preference among buyers for the luxurious and spacious homes that characterize the area.

Home Value Estimator For Minnetonka, MN

There are currently 16,366 real estate properties in Minnetonka, MN, with a median automated valuation model (AVM) price of $496,174.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Minnetonka, MN, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Minnetonka, MN, is $628,929.00, with the most expensive house in Minnetonka, MN, topping out at $110,123,792.00 and the cheapest home in Minnetonka, MN, clocking in at $17,176.00. In other words, there’s something for every potential homebuyer or savvy investor in Minnetonka, MN!

Rent Prices In Minnetonka, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Minnetonka, MN, is on a rollercoaster ride. The average rent price in Minnetonka, MN, is $2,209.00. Indeed, when looking to rent in Minnetonka, MN, you can expect to pay as little as $780.00 or as much as $4,720.00, with the average rent median estimated to be $2,110.00. The good news is that finding an affordable and desirable property to rent in Minnetonka, MN -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Minnetonka, MN 55305 Foreclosures

Market Trend for Minnetonka, MN

Total Listings Available: 19

Market Values:

Home Prices from $17,176 to $110,123,792

Average Sales Price: $628,929

Rental Values:

Rental from $780 to $4,720

Average Rent Value: $2,209 / month

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