The Minnetonka Mills housing market is somewhat competitive. The median sale price of a home in Minnetonka Mills was $410K last month, up 17.1% since last year.
What is the housing market like in Minnetonka Mills today?
In March 2024, Minnetonka Mills home prices were up 17.1% compared to last year, selling for a median price of $410K.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$410,000
+17.1% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Minnetonka Mills, MN
$410,000
+17.1%
United States
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How hot is the Minnetonka Mills housing market?
Minnetonka Mills is somewhat competitive. Homes sell in 23 days.
0
100
53
Somewhat 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
Some homes get multiple offers.
The average homes sell for about 2% above list price and go pending in around 23 days.
Hot homes
can sell for about 3% above list price and go pending in around 11 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 Minnetonka Mills housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Minnetonka Mills.
Risk Factor
Flood Factor - Minor
12% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Minnetonka Mills has a minor risk of flooding. 29 properties in Minnetonka Mills are likely to be
severely affected
by flooding over the next 30 years. This represents 12% of all properties in Minnetonka Mills. Flood risk is increasing faster than the national average.
7% of properties are at risk of wildfire over the next 30 years
Fire Factor
Minnetonka Mills has a minor risk of wildfire. There are 36 properties in Minnetonka Mills that have some risk of being affected by wildfire over the next 30 years. This represents 7% of all properties in Minnetonka Mills.
Minnetonka Mills has minimal risk of severe winds over the next 30 years
Wind Factor
Minnetonka Mills has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.
99% of properties are at minor
risk of heat over the next 30 years
Heat Factor
Minnetonka Mills has a minor risk from heat. This is due to
"feels like" temperatures
increasing, and because 99% of homes in Minnetonka Mills have a Minor Heat Factor®.
Minnetonka Mills is expected to see a 100% increase in the number of days over 98ºF over the next 30 years. Minnetonka Mills is expected to experience 8