Minnetonka, MN

Population: 50,758
Average annual home appreciation rate: 13.80%
Total of homes for sale in this market:
Median home price: $291,216
Median Rent: $1,018
Home price range: 30.90% of homes are between $195,001 – $292,000
Median sales price:
Number of homes:
Median foreclosure sales price:
Foreclosure discount:
Most common home type: 57.99% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 6.22%
Number of renters: 26.67%
Number of owner occupied: 73.33%
Number people living below poverty level: 4.40%
Unemployment rate: 3.50%
Is this area perfect for real estate deals going on right now? High rents and home appreciation alone in the Minnetonka market spell good earnings for the savvy buy and hold investor.

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