In September 2017, there were 48 homes sold, with a median sale price of $366,250 - a 7.7% increase over the $340,200 median sale price for the same period of the previous year. There were 58 homes sold in Minnetonka in September 2016.
The median sales tax in Minnetonka for the most recent year with available data, 2015, was $4,183, approximately 1.1% of the median home sale price for September 2017.
The following table compares Minnetonka to other Hennepin County cities with similar median sales prices in September 2017:
| City | Sept. 2017 Home Sales | Sept. 2016 Home Sales | % change (Total Home Sales) | Sept. 2017 Median Sales Price | Sept. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Edina | 53 | 54 | -1.9% | $490,000 | $496,000 | -1.2% |
| Deephaven | 10 | 8 | 25% | $468,135 | $433,500 | 8% |
| Tonka Bay | 5 | 2 | 150% | $440,000 | $755,000 | -41.7% |
| Corcoran | 5 | 5 | 0% | $395,000 | $269,900 | 46.4% |
| Loretto | 2 | 1 | 100% | $383,000 | $175,000 | 118.9% |
| Minnetonka | 48 | 58 | -17.2% | $366,250 | $340,200 | 7.7% |
| Eden Prairie | 88 | 68 | 29.4% | $365,750 | $362,500 | 0.9% |
| Excelsior | 3 | 2 | 50% | $365,000 | $887,500 | -58.9% |
| Minnetrista | 19 | 20 | -5% | $359,995 | $371,812 | -3.2% |
| Hanover | 2 | 0 | - | $336,000 | $0 | - |
| Dayton | 12 | 4 | 200% | $331,565 | $386,724.17 | -14.3% |
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