Minnetonka, MN Real Estate
Minnetonka is a city in Hennepin County, Minnesota with a population of about 53,256. The median home value is near $456,200, and median rent runs around $1,758/mo.
Market + demographic figures: U.S. Census ACS (2023 5-year). Geocoding: OpenStreetMap.
Median Home Value
$456,200
Median Rent
$1,758/mo
Population
53,256
Median Income
$120,496
Median Age
42.8
Homeownership
72.5%
Monthly payment on a median Minnetonka home
Example for a $456,200 home: 20% down, 30-yr at ~6.75%, MN property tax ~1.05%, 0.4% insurance.
Est. monthly (PITI)
$2,918
Principal & interest
$2,367
Property tax / mo
$399
Down payment (20%)
$91,240
Minnetonka at a glance
- 38.4% of residents 25+ hold a bachelor's degree or higher.
- 72.5% of occupied homes are owner-occupied.
- Median household income is $120,496.
- Always verify the assigned school district, flood zone, and HOA for a specific address before signing.
Other Minnesota cities
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