In June 2018, there were two homes sold, with a median sale price of $891,098 - a 12.9% decrease over the $1,023,197 median sale price for the same period of the previous year. There were six homes sold in Tonka Bay in June 2017.
The median sales tax in Tonka Bay for the most recent year with available data, 2015, was $6,040, approximately 0.7% of the median home sale price for June 2018.
The following table compares Tonka Bay to other Hennepin County cities with similar median sales prices in June 2018:
| City | June 2018 Home Sales | June 2017 Home Sales | % change (Total Home Sales) | June 2018 Median Sales Price | June 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Minnetonka Beach | 2 | 1 | 100% | $1,252,500 | $3,275,000 | -61.8% |
| Greenwood | 4 | 2 | 100% | $982,500 | $1,186,000 | -17.2% |
| Deephaven | 6 | 9 | -33.3% | $952,000 | $962,400 | -1.1% |
| Tonka Bay | 2 | 6 | -66.7% | $891,097.50 | $1,023,196.50 | -12.9% |
| Excelsior | 2 | 3 | -33.3% | $839,250 | $2,125,000 | -60.5% |
| Medina | 13 | 19 | -31.6% | $807,000 | $538,000 | 50% |
| Orono | 18 | 20 | -10% | $737,600 | $476,600 | 54.8% |
| Wayzata | 11 | 6 | 83.3% | $614,900 | $517,750 | 18.8% |
| Independence | 4 | 8 | -50% | $574,950 | $400,900 | 43.4% |
| Edina | 67 | 93 | -28% | $510,000 | $555,000 | -8.1% |
| Shorewood | 26 | 22 | 18.2% | $469,950 | $431,450 | 8.9% |
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