City Guide
Minnetonka, MN
Overview
Minnetonka, MN is notable for being the headquarters for several large corporations, including United Health Group, Carlson Companies, and Cargill. There are 54,426 residents, so living in Minnetonka offers the benefits of small-city living with the perks of a larger city. A fun fact about the city is that it has almost 50 parks and over 1,000 acres full of trails. Another interesting fact; there's a local spring-fed lake with 70 feet of sandy beach known as Shady Oak Beach.
What’s it like to live in Minnetonka, MN ?
If you're looking to buy a home for sale in Minnetonka, MN you'll find that the median sale price is
$542,500
and homes stay on the market for 40 days. You'll find that the median sale prices of
a single family home and a condo/co-op in Minnetonka are $580,000
and $189,900
, respectively. Minnetonka area townhouses have a median sale price of $558,700
, making them less expensive
than single family homes. If you’re not ready to buy a home, consider one of the many apartments for rent in Minnetonka, MNExplore our Minnetonka housing market page for insights about how home values have changed over
the years and how Minnetonka home prices compare to other markets. Explore our Minnetonka rental market trends page for insights about how rental prices have changed and how Minnetonka rental prices compare to other rental markets. If you're curious about the most valuable home features in Minnetonka, or looking for a new home improvement project,
discover what home features and design trends may help increase your home's value.
Popular neighborhoods in and around Minnetonka
| Neighborhood | Median Sale Price | Compete Score | Walk Score | Real Estate |
|---|---|---|---|---|
| Tonkawood | $562,500 | 85 / 100 | -- | For SaleFor Rent |
| Plymouth-Wayzata | $627,500 | 59 / 100 | -- | For SaleFor Rent |
| Cedar Ridge Condominiums | $157,500 | -- | -- | For SaleFor Rent |
Popular homes for sale in Minnetonka
See all homes for sale
Rental listings in Minnetonka
See how much rent you can affordSee all rental listings
Minnetonka Migration & Relocation Trends
In Jan '25 - Mar '25, 22% of Minnetonka homebuyers searched to move out of Minnetonka, while 78% looked to stay within the metropolitan area.
- Across the nation, 0.77% of homebuyers searched to move into Minnetonka from outside metros.
- Miami homebuyers searched to move into Minnetonka more than any other metro followed by Albuquerque and Chicago.
Where are people moving to Minnetonka from?
- 78% of Minnetonka homebuyers searched to stay within the Minnetonka metropolitan area.
- Brainerd was the most popular destination among Minnetonka homebuyers followed by Cape Coral and Duluth.
Where are people from Minnetonka moving to?
Number of People Moving to Minnetonka
least
most
People are moving to Minnetonka from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Jan '25 - Mar '25 | ||
| 1 | 786 | ||
| 2 | 781 | ||
| 3 | 564 | ||
| 4 | 524 | ||
| 5 | 420 | ||
| 6 | 326 | ||
| 7 | 294 | ||
| 8 | 174 | ||
| 9 | 152 | ||
| 10 | 140 | ||
People are leaving Minnetonka for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Jan '25 - Mar '25 | ||
| 1 | 421 | ||
| 2 | 271 | ||
| 3 | 234 | ||
| 4 | 161 | ||
| 5 | 126 | ||
| 6 | 79 | ||
| 7 | 63 | ||
| 8 | 61 | ||
| 9 | 55 | ||
| 10 | 44 | ||
Methodology
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
What is there to do in Minnetonka, MN ?
Minnetonka, MN, is home to a wide range of activities from dining at delicious restaurants to visiting one of the many parks. Shady Oak Beach and Glen Lake Area are some of the many landmarks you can check out in Minnetonka. Minnetonka Arts Center and Minnetonka Amphitheatre are just a few performing arts venues that contribute to the city's unique arts and culture scene. Minnetonka is known for its nature preserves and parks. You can spend time lounging in green spaces such as Big Willow Park, Meadow Park, and Lone Lake Park. Some of the must-try restaurants and eateries in Minnetonka include Christos Greek Restaurant, Dragon Jade Restaurant, and Blue Birch Restaurant, which are sure to please your taste buds.
Explore some of the best things to do in Minnetonka
What's the best way to get around Minnetonka, MN ?
Minnetonka Transportation
Bus Station
Buses can be found throughout the city and are easily accessible to commute in the city.
Rail Station
Our data indicates this city does not have this transportation type.
Tram Station
Our data indicates this city does not have this transportation type.
Metro Station
Our data indicates this city does not have this transportation type.
Car & Bike Rentals
Renting a car is another good way to get around the city. There are 2 car rental locations.
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