The Tonkawood housing market is very competitive. The median sale price of a home in Tonkawood was $605K last month, up 15.2% since last year. The median sale price per square foot in Tonkawood is $269, down 0.92% since last year.
What is the housing market like in Tonkawood today?
In April 2024, Tonkawood home prices were up 15.2% compared to last year, selling for a median price of $605K. On average, homes in Tonkawood sell after 19 days on the market compared to 16 days last year. There were 4 homes sold in April this year, down from 8 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$605,000
+15.2% YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
Tonkawood, MN
$605,000
+15.2%
United States
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How hot is the Tonkawood housing market?
Tonkawood is very competitive. Homes sell in 12 days.
0
100
83
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for around list price and go pending in around 12 days.
Hot homes
can sell for about 3% above list price and go pending in around 7 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Tonkawood housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Tonkawood.
Risk Factor
Flood Factor - Moderate
14% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Tonkawood has a moderate risk of flooding. 80 properties in Tonkawood are likely to be
severely affected
by flooding over the next 30 years. This represents 14% of all properties in Tonkawood. Flood risk is increasing faster than the national average.
13% of properties are at risk of wildfire over the next 30 years
Fire Factor
Tonkawood has a minor risk of wildfire. There are 136 properties in Tonkawood that have some risk of being affected by wildfire over the next 30 years. This represents 13% of all properties in Tonkawood.