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Minnesota State Wire

Saturday, September 13, 2025

How did home prices perform in Minnetonka Beach during the first half of 2021?

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The median sale price of a home sold in the first half of 2021 in Minnetonka Beach fell by $67,000 while total sales remained unchanged with two homes sold, according to BlockShopper.com.

From January through June of 2021, there were two homes sold, with a median sale price of $1,248,000 - a 5.1% decrease over the $1,315,000 median sale price for the same period of the previous year. There were two homes sold in Minnetonka Beach in the first half of 2020, as well.

The median sales tax in Minnetonka Beach for the most recent year with available data, 2019, was $10,415, approximately 0.8% of the median home sale price for the first half of 2021.

The following table compares Minnetonka Beach to other Hennepin County cities with similar median sale prices in the first half of 2021:

CityJan. - June 2021 Home SalesJan. - June 2020 Home Sales% change (Total Home Sales)Jan. - June 2021 Median Sales PriceJan. - June 2020 Median Sales Price% change (Median Sales Price)
Greenwood4333.3%$1,332,060.50$375,000255.2%
Minnetonka Beach220%$1,248,000$1,315,000-5.1%
Medicine Lake13-66.7%$990,000$574,00072.5%
Deephaven1225-52%$898,765.45$703,80027.7%
Orono4552-13.5%$745,000$481,90054.6%
Independence1422-36.4%$708,375$466,40051.9%
Edina207282-26.6%$693,000$559,25023.9%
Tonka Bay9812.5%$670,000$611,2509.6%
Wayzata1621-23.8%$649,250$870,000-25.4%
Excelsior613-53.8%$622,450$658,500-5.5%
Medina1746-63%$605,000$551,0009.8%

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