Minnetonka Real Estate - Find Your Perfect Home For Sale!
Minnetonka - Town vs. County Stats
Avg Price in Minnetonka: $691,200 / County Avg $709,500
Avg Taxes in Minnetonka: $6,500 / County Avg $6,900
Avg Sq. Ft. in Minnetonka: 3,339 / County Avg 3,079
Avg Price per/ft2 in Minnetonka: $207 / County Avg $230
Avg Walkscore in Minnetonka: 20 / County Avg 37
Avg Year Built in Minnetonka: 1983 / County Avg 1976
Avg Days on Website in Minnetonka: 73 / County Avg 62
Minnetonka Real Estate Market Health
The population is 49,734 and this is a city, like many of the areas in this region of Minneapolis that has a link to the Dakota Indians.
The name of the city itself is derived from the Dakota language. Mni Tanka means “great water.”
Minnetonka is located in Hennepin County and is home to both the country’s largest privately owned company – Cargill and the largest publicly owned company within the state – United Healthcare. Choosing Minnetonka homes for sale will provide buyers with a number of employment opportunities.
The company headquarters of AmeriPride Services, a uniform company, is based in this city. Evolving from a wilderness to the present day, Minnetonka has a number of recreational venues for residents including 17 athletic fields, 10 hockey and 10 winter skating rinks. There are miles of trails that are located within 44 neighborhood parks and five community parks within the city. In addition, Shady Oak Beach and Community Play Area offers a sandy shoreline for residents to enjoy canoe rentals, sand volleyball, a playground, fishing and swimming.
Homes in Minnetonka include older homes as well as new homes. A variety of style including Victorian, Greek Revival, Plantation style Colonials and even stone castles may be found when searching for Minnetonka real estate. The majority of the housing is single-family homes with a few townhouses. There are also very few duplexes. A high percentage of homes – approximately 76% - are owner-occupied.
Families who choose Minnetonka homes for sale are within three school district. Hopkins School District covers the central and eastern areas of the city. The Minnetonka School District, in the western section of the city south of Lake Minnetonka and Wayzata School District encompasses the northern boundary. There are some students who attend schools in other districts due to the open enrollment statute of Minnesota. In addition to the public schools there are three private and parochial schools in Minnetonka.