Minnetonka, MN Real Estate Prices per Square Foot
Buy prices, rent prices, historical development and submitted values for Minnetonka, MN.
Average buy price
$232.00 / sqft
Typical residential purchase price per square foot.
Average rent
$2.04 / sqft / month
Monthly rent per square foot.
Median home price
$515,000
Estimated median residential sale price.
Median monthly rent
$1,856
Estimated median rent for the city.
Historical price development
Buy price development
Buy prices have increased by about 9.9% over the last 5 years.
Rent price development
Rent prices have increased by about 13.7% over the last 5 years.
Submitted values in Minnetonka
This table includes recent submitted values and individual historical comparable values, so the local price development is easier to compare.
| Date | Type | Property | Price / sqft | Size | Total | Area |
|---|---|---|---|---|---|---|
| 2026-07-04 | Buy | single-family home | $267.00 / sqft | 2,440 sqft | $651,480 | Libbs Lake 55345 |
| 2026-06-30 | Buy | single-family home | $284.00 / sqft | 2,585 sqft | $734,140 | Tonkawood 55391 |
| 2026-06-27 | Buy | condo | $239.00 / sqft | 1,010 sqft | $241,390 | Ridgedale 55305 |
| 2026-06-26 | Buy | condo | $254.00 / sqft | 1,165 sqft | $295,910 | Opus 55305 |
| 2026-06-25 | Rent | townhouse | $1.77 / sqft | 1,660 sqft | $2,938 | Big Willow Park 55345 |
| 2026-06-23 | Rent | single-family home | $1.61 / sqft | 2,010 sqft | $3,236 | Groveland 55345 |
| 2026-06-22 | Buy | condo | $226.00 / sqft | 880 sqft | $198,880 | Ridgedale 55305 |
| 2026-06-20 | Buy | single-family home | $312.00 / sqft | 2,860 sqft | $892,320 | Gray's Bay 55391 |
| 2026-06-18 | Rent | townhouse | $1.91 / sqft | 1,775 sqft | $3,390 | Libbs Lake 55345 |
| 2026-06-18 | Rent | apartment | $2.27 / sqft | 835 sqft | $1,895 | Hopkins Crossroad 55343 |
| 2026-06-18 | Rent | single-family home | $1.49 / sqft | 2,340 sqft | $3,487 | Oak Knoll 55345 |
| 2026-06-17 | Rent | luxury apartment | $2.58 / sqft | 960 sqft | $2,477 | Ridgedale 55305 |
| 2026-06-17 | Buy | townhouse | $221.00 / sqft | 1,880 sqft | $415,480 | Shady Oak 55343 |
| 2026-06-16 | Buy | condo | $271.00 / sqft | 1,265 sqft | $342,815 | Williston 55305 |
| 2026-06-16 | Rent | luxury apartment | $2.92 / sqft | 1,125 sqft | $3,285 | Opus Park 55305 |
| 2026-06-15 | Buy | single-family home | $257.00 / sqft | 2,245 sqft | $576,965 | Big Willow Park 55345 |
| 2026-06-15 | Buy | single-family home | $238.00 / sqft | 2,790 sqft | $664,020 | Purgatory Park 55345 |
| 2026-06-06 | Rent | condo | $2.09 / sqft | 1,180 sqft | $2,466 | Opus 55305 |
| 2026-06-02 | Buy | duplex | $211.00 / sqft | 2,210 sqft | $466,310 | Hopkins Crossroad 55343 |
| 2026-05-27 | Buy | single-family home | $351.00 / sqft | 3,680 sqft | $1,291,680 | Gray's Bay 55391 |
| 2026-05-27 | Buy | luxury apartment | $318.00 / sqft | 1,320 sqft | $419,760 | Opus 55305 |
| 2026-05-27 | Rent | duplex | $1.72 / sqft | 1,285 sqft | $2,210 | Minnetonka Mills 55345 |
| 2026-05-27 | Buy | townhouse | $238.00 / sqft | 1,625 sqft | $386,750 | Big Willow Park 55345 |
| 2026-05-26 | Rent | single-family home | $1.44 / sqft | 2,195 sqft | $3,161 | Groveland 55345 |
| 2026-05-26 | Rent | apartment | $2.34 / sqft | 695 sqft | $1,626 | Minnetonka Mills 55345 |
| 2026-05-24 | Rent | multi-family home | $1.56 / sqft | 1,390 sqft | $2,168 | Cedar Hills 55343 |
| 2026-05-15 | Buy | single-family home | $229.00 / sqft | 1,975 sqft | $452,275 | Groveland 55345 |
| 2026-05-15 | Rent | condo | $2.05 / sqft | 980 sqft | $2,009 | Williston 55305 |
| 2026-05-13 | Buy | single-family home | $198.00 / sqft | 3,375 sqft | $668,250 | Oak Knoll 55345 |
| 2026-05-11 | Rent | loft | $2.48 / sqft | 820 sqft | $2,034 | Ridgedale 55305 |
| 2026-05-08 | Buy | duplex | $218.00 / sqft | 2,460 sqft | $536,280 | Cedar Hills 55343 |
| 2026-05-06 | Rent | apartment | $2.11 / sqft | 760 sqft | $1,604 | Shady Oak 55343 |
| 2026-05-05 | Buy | single-family home | $216.00 / sqft | 1,835 sqft | $396,360 | Oak Knoll 55345 |
| 2026-05-05 | Buy | townhouse | $263.00 / sqft | 1,510 sqft | $397,130 | Glen Lake 55345 |
| 2026-05-05 | Rent | townhouse | $1.83 / sqft | 1,480 sqft | $2,708 | McKenzie 55345 |
| 2026-05-04 | Rent | apartment | $2.18 / sqft | 610 sqft | $1,330 | Cedar Hills 55343 |
| 2026-05-02 | Rent | luxury apartment | $2.79 / sqft | 740 sqft | $2,065 | Opus 55305 |
| 2026-04-30 | Rent | luxury apartment | $3.06 / sqft | 1,185 sqft | $3,626 | Ridgedale 55305 |
| 2026-04-30 | Rent | apartment | $2.01 / sqft | 890 sqft | $1,789 | Cedar Hills 55343 |
| 2026-04-28 | Rent | apartment | $2.16 / sqft | 930 sqft | $2,009 | Glen Lake 55345 |
| 2026-04-28 | Rent | apartment | $2.64 / sqft | 525 sqft | $1,386 | Williston 55305 |
| 2026-04-25 | Buy | townhouse | $232.00 / sqft | 2,055 sqft | $476,760 | Shady Oak 55343 |
| 2026-04-25 | Buy | loft | $286.00 / sqft | 905 sqft | $258,830 | Opus 55305 |
| 2026-04-25 | Buy | multi-family home | $202.00 / sqft | 3,120 sqft | $630,240 | Hopkins Crossroad 55343 |
| 2026-04-22 | Rent | apartment | $2.39 / sqft | 645 sqft | $1,542 | Minnetonka Mills 55345 |
| 2026-04-16 | Buy | single-family home | $299.00 / sqft | 3,025 sqft | $904,475 | Tonkawood 55391 |
| 2026-04-16 | Rent | duplex | $1.68 / sqft | 1,515 sqft | $2,545 | McKenzie 55345 |
| 2026-04-14 | Buy | townhouse | $246.00 / sqft | 1,745 sqft | $429,270 | Purgatory Park 55345 |
| 2026-04-12 | Rent | condo | $2.21 / sqft | 1,075 sqft | $2,376 | Glen Lake 55345 |
| 2026-04-11 | Buy | single-family home | $249.00 / sqft | 2,140 sqft | $532,860 | Glen Lake 55345 |
| 2026-03-01 | Rent | apartment | $2.08 / sqft / month | 845 sqft | $1,758 | Cedar Hills 55343 |
| 2026-02-20 | Buy | townhouse | $255.00 / sqft | 1,895 sqft | $483,225 | Shady Oak 55343 |
| 2025-09-01 | Rent | single-family home | $1.52 / sqft / month | 2,180 sqft | $3,314 | Oak Knoll 55345 |
| 2025-06-12 | Buy | single-family home | $271.00 / sqft | 2,660 sqft | $720,860 | Libbs Lake 55345 |
| 2024-11-01 | Rent | luxury apartment | $2.37 / sqft / month | 970 sqft | $2,299 | Ridgedale 55305 |
| 2024-05-31 | Buy | condo | $246.00 / sqft | 1,260 sqft | $309,960 | Opus 55305 |
| 2023-09-01 | Rent | condo | $1.95 / sqft / month | 1,035 sqft | $2,018 | Williston 55305 |
| 2023-04-13 | Buy | townhouse | $238.00 / sqft | 1,810 sqft | $430,780 | Glen Lake 55345 |
| 2022-10-01 | Rent | townhouse | $1.66 / sqft / month | 1,585 sqft | $2,631 | Big Willow Park 55345 |
| 2022-05-24 | Buy | single-family home | $251.00 / sqft | 2,975 sqft | $746,725 | Gray's Bay 55391 |
| 2021-09-01 | Rent | apartment | $1.83 / sqft / month | 780 sqft | $1,427 | Cedar Hills 55343 |
| 2021-06-18 | Buy | single-family home | $232.00 / sqft | 2,415 sqft | $560,280 | Purgatory Park 55345 |
| 2020-11-01 | Rent | luxury apartment | $2.01 / sqft / month | 890 sqft | $1,789 | Opus 55305 |
| 2020-07-09 | Buy | condo | $214.00 / sqft | 1,210 sqft | $258,940 | Ridgedale 55305 |
| 2019-08-01 | Rent | single-family home | $1.22 / sqft / month | 2,050 sqft | $2,501 | Groveland 55345 |
| 2019-05-17 | Buy | townhouse | $205.00 / sqft | 1,740 sqft | $356,700 | McKenzie 55345 |
| 2018-10-01 | Rent | apartment | $1.68 / sqft / month | 815 sqft | $1,369 | Glen Lake 55345 |
| 2018-06-28 | Buy | single-family home | $211.00 / sqft | 2,550 sqft | $538,050 | Tonkawood 55391 |
| 2017-12-01 | Rent | condo | $1.55 / sqft / month | 980 sqft | $1,519 | Williston 55305 |
| 2017-04-21 | Buy | duplex | $172.00 / sqft | 2,100 sqft | $361,200 | Shady Oak 55343 |
| 2016-09-01 | Rent | townhouse | $1.32 / sqft / month | 1,525 sqft | $2,013 | Hopkins Crossroad 55343 |
| 2016-05-06 | Buy | single-family home | $196.00 / sqft | 2,360 sqft | $462,560 | Libbs Lake 55345 |
| 2015-11-01 | Rent | apartment | $1.48 / sqft / month | 735 sqft | $1,088 | Ridgedale 55305 |
| 2015-06-19 | Buy | townhouse | $183.00 / sqft | 1,675 sqft | $306,525 | Big Willow Park 55345 |
| 2014-08-01 | Rent | single-family home | $1.03 / sqft / month | 1,980 sqft | $2,039 | Purgatory Park 55345 |
| 2014-04-04 | Buy | condo | $171.00 / sqft | 1,160 sqft | $198,360 | Opus 55305 |
| 2013-10-01 | Rent | apartment | $1.37 / sqft / month | 805 sqft | $1,103 | Cedar Hills 55343 |
| 2013-07-12 | Buy | single-family home | $158.00 / sqft | 2,925 sqft | $462,150 | Gray's Bay 55391 |
| 2012-12-15 | Rent | condo | $1.31 / sqft / month | 920 sqft | $1,205 | Williston 55305 |
| 2012-05-25 | Buy | single-family home | $147.00 / sqft | 2,180 sqft | $320,460 | Glen Lake 55345 |
| 2011-09-01 | Rent | apartment | $1.24 / sqft / month | 770 sqft | $955 | Ridgedale 55305 |
| 2011-03-31 | Buy | townhouse | $128.00 / sqft | 1,580 sqft | $202,240 | Shady Oak 55343 |
| 2010-10-01 | Rent | townhouse | $1.12 / sqft / month | 1,365 sqft | $1,529 | McKenzie 55345 |
| 2010-06-09 | Buy | single-family home | $132.00 / sqft | 2,440 sqft | $322,080 | Oak Knoll 55345 |
| 2009-08-01 | Rent | duplex | $1.04 / sqft / month | 1,180 sqft | $1,227 | Minnetonka Mills 55345 |
| 2009-04-20 | Buy | condo | $119.00 / sqft | 1,125 sqft | $133,875 | Opus 55305 |
| 2008-12-01 | Rent | apartment | $1.16 / sqft / month | 680 sqft | $789 | Cedar Hills 55343 |
| 2008-08-14 | Buy | single-family home | $141.00 / sqft | 2,260 sqft | $318,660 | Groveland 55345 |
| 2007-09-15 | Rent | condo | $1.21 / sqft / month | 975 sqft | $1,180 | Williston 55305 |
| 2007-05-02 | Buy | townhouse | $159.00 / sqft | 1,715 sqft | $272,685 | Hopkins Crossroad 55343 |
| 2006-11-01 | Rent | apartment | $1.18 / sqft / month | 810 sqft | $956 | Ridgedale 55305 |
| 2006-06-23 | Buy | single-family home | $176.00 / sqft | 2,735 sqft | $481,360 | Tonkawood 55391 |
| 2005-08-01 | Rent | townhouse | $1.01 / sqft / month | 1,460 sqft | $1,475 | Big Willow Park 55345 |
| 2005-03-10 | Buy | condo | $168.00 / sqft | 1,040 sqft | $174,720 | Opus 55305 |
| 2004-10-01 | Rent | single-family home | $0.84 / sqft / month | 1,850 sqft | $1,554 | Oak Knoll 55345 |
| 2004-07-16 | Buy | single-family home | $161.00 / sqft | 2,210 sqft | $355,810 | Purgatory Park 55345 |
| 2003-09-01 | Rent | apartment | $1.13 / sqft / month | 745 sqft | $842 | Cedar Hills 55343 |
| 2003-04-29 | Buy | townhouse | $151.00 / sqft | 1,640 sqft | $247,640 | Glen Lake 55345 |
| 2002-12-01 | Rent | condo | $1.09 / sqft / month | 930 sqft | $1,014 | Williston 55305 |
| 2002-06-05 | Buy | single-family home | $142.00 / sqft | 2,860 sqft | $406,120 | Gray's Bay 55391 |
| 2001-10-15 | Rent | duplex | $0.91 / sqft / month | 1,120 sqft | $1,019 | Shady Oak 55343 |
| 2001-05-18 | Buy | single-family home | $133.00 / sqft | 2,050 sqft | $272,650 | Libbs Lake 55345 |
| 2000-08-01 | Rent | apartment | $1.02 / sqft / month | 690 sqft | $704 | Ridgedale 55305 |
| 2000-02-24 | Buy | condo | $126.00 / sqft | 1,180 sqft | $148,680 | Opus 55305 |
| 1999-11-01 | Rent | townhouse | $0.82 / sqft / month | 1,380 sqft | $1,132 | McKenzie 55345 |
| 1999-06-11 | Buy | single-family home | $118.00 / sqft | 2,325 sqft | $274,350 | Tonkawood 55391 |
| 1998-09-01 | Rent | apartment | $0.93 / sqft / month | 760 sqft | $707 | Cedar Hills 55343 |
| 1998-04-17 | Buy | townhouse | $112.00 / sqft | 1,560 sqft | $174,720 | Ridgedale 55305 |
| 1997-07-01 | Rent | single-family home | $0.63 / sqft / month | 1,720 sqft | $1,084 | Groveland 55345 |
| 1997-05-30 | Buy | duplex | $88.00 / sqft | 1,900 sqft | $167,200 | Hopkins Crossroad 55343 |
| 1996-12-01 | Rent | condo | $0.86 / sqft / month | 850 sqft | $731 | Williston 55305 |
| 1996-03-26 | Buy | single-family home | $104.00 / sqft | 1,785 sqft | $185,640 | Oak Knoll 55345 |
| 1995-10-01 | Rent | townhouse | $0.72 / sqft / month | 1,260 sqft | $907 | Big Willow Park 55345 |
| 1995-07-19 | Buy | single-family home | $96.00 / sqft | 2,480 sqft | $238,080 | Gray's Bay 55391 |
| 1994-08-01 | Rent | apartment | $0.81 / sqft / month | 640 sqft | $518 | Opus 55305 |
| 1994-04-08 | Buy | condo | $91.00 / sqft | 1,025 sqft | $93,275 | Shady Oak 55343 |
| 1993-11-15 | Rent | duplex | $0.68 / sqft / month | 980 sqft | $666 | Minnetonka Mills 55345 |
| 1993-06-22 | Buy | townhouse | $78.00 / sqft | 1,420 sqft | $110,760 | Ridgedale 55305 |
| 1992-09-01 | Rent | apartment | $0.74 / sqft / month | 720 sqft | $533 | Cedar Hills 55343 |
| 1992-05-14 | Buy | single-family home | $82.00 / sqft | 2,150 sqft | $176,300 | Glen Lake 55345 |
Housing market overview for Minnetonka, MN
The real estate market in Minnetonka, MN can be compared more clearly by looking at price per square foot. Current estimates show an average buy price of $232.00 / sqft and an average rent of $2.04 / sqft / month.
Buyers can use the purchase price per square foot to compare homes, condos and apartments of different sizes. Renters can use monthly rent per square foot to compare different rental listings more accurately.
The reported values on this page show how prices can vary by neighborhood, property type, size and condition. Historical values help explain whether the local market has been rising, stable or cooling.
Frequently asked questions
What is the average home price per square foot in Minnetonka?
The average residential buy price in Minnetonka, MN is $232.00 / sqft based on the current values available on this page.
How much is rent per square foot in Minnetonka?
The average rental price in Minnetonka, MN is $2.04 / sqft / month. Actual rents can vary by neighborhood, property type and building quality.
Are property prices in Minnetonka increasing?
Buy prices have increased by about 9.9% over the last 5 years. Rent prices have increased by about 13.7% over the last 5 years. These 5-year trends are based on the available individual historical comparable values.